Nifty : 27 - Apr - 2018 (0)

April has been very tough month.
How ever managed to Close the month with Net gain of 80 points.

Nifty : 26 - Apr - 2018 (-3)

Nifty : 25 - Apr - 2018 (-13)

Nifty : 24 - Apr - 2018 (0)

NF opened with in yesterday range and traded in 20 points almost half day.. BOF of RL happened.
Ignored long as space is very less, Took direct BO of RH/BRN... scratched at cost as not comfortable with the way it is chopping. Thought of attempting BPB of PDH, but PA not convincing.
BNF not in sync with Nifty. Moves are choppy.

Nifty : 23 - Apr - 2018 (-3)

Nifty : 18 - Apr - 2018 (-21)

9:23 AM - After yesterday’s strength move,, nifty opened above PDH but failed to sustain.
BNF correcting fast.

9:45 AM - Trade 1 : BPB of PDH Short at 10556 with Initial SL 10570, FTA PDC is very near.
But will attempt with scratch mindset (took with half quantity)

9:56 AM - Price moved sharply from PDC/RN … now almost near to SL.. will not scratch.
Let the SL hit, which also invalidated LH-LL formation

10:23 AM - Exited with loss of 16 points

11:27 AM - Removed PDH as DP from chart, as more than 2 swings made up and down around it.
It lost relevance. Now i monitor PA at DH/DL. Sustaining above DH bullish, below DL bearish.

13:55 PM - Trade 2 : BPB of DH Long took at 10592, Stop it very fast at 10581. 13 point loss

15:00 PM - Thought of attempting BPB of DL… but seeing PA not convinced.
First instance it moved with pin bar formation, seems like buying emerging..
Later it moved straight dive.

Nifty : 17 - Apr - 2018 (-4)

9:35 AM - Small gap and moved down making open==high. 10564-10525 IR formed,

PDH being in middle. Till the time DH/DO break and sustain bias is on downside.

Looking for BO/BPB of IRL Short (Or) PA at DH/DO decides next move..

10:33 AM - Removed PDH as DP from chart; Placed alerts for DH/DL.

Will wait for PA at these levels. My gut feel says BPB of DH Long or BPB of DL Short may comes.

Lets see!

12:03 PM - Placed order for BPB of IRL Short, cancelled once price moved into IR again.

BOF of IRL ignored due to space and congestion above.

1:40 PM - Waited for rejection at MSP 10525 -- not happened.

Very narrow range today. Price alert at 10564 (DH) and DL (10501)

2:55 PM - Attempted Direct BO of DH (Half Quantity) as i expected short covering at fag end

& seeing struggle before crossing DH. Didn’t moved as expected. Scratched it.

Points Earned : - 4

Nifty : 16 - Apr - 2018 (+14)

NF gapped down below PDL and rejected swiftly, moved into previous day range.

After taking support at PDL, it went into ranging mode. Waited for BPB of RH Long, on first instance it failed to sustain. When it moved with good BULL candle, went long with Half Quantity,, as FTA is just away.

After BRN broke, deep PB happened. Added remaining quantity as BPB of BRN (Average price came to 10502). Exited when price failed to move beyond PDH. Later price moved another 20 points.

Nifty : 13 - Apr - 2018 (+1)

After breaking out of 3 days range yesterday, my bias is bullish..Went Long above IRH with half quantity and added remaining half above BRN... exited with trial sl. NF broke PDH and DL... Went Short with half quantity as BPB of DL,, (with DL and PDH above) .. ended as scratch as price didn't move as expected. Reversed to Long, which also failed to move. Later there is a Pin Bar rejection after breaking then DL.. skipped as not comfortable.

Roller caster ride today!

Nifty : 12 - Apr - 2018 (+14)

Attempted BO Long above PDH and also 3 day RH.. 10440. KITE gave some tension moments while modifying Trial SL order... luckily it got executed. From Monday i am going to trade in Finvasia NEST.. Bye bye Zerodha.

Nifty : 11 - Apr - 2018 (+9)

At Open, NF tested PDH and sold off, waited for BPB of PDL Short.. but it broke PDL with sharp move. Later NF traded in range and formed lower range. Went long after price broke into upper range with Half quantity, thought of adding more after price broke PDH/DH.. which not happened. Exited with gain of 18 points.

Adjusted gain with 10 lot quantity :-  +9

Nifty : 05 - Apr - 2018 (-9)

Nifty : 04 - Apr - 2018 (+85)

Shorted in 2 parts.. Avg price 10225. 

I am loving this PYRAMIDING of Profits way.. i.e. enter in parts.. This is good way to trade in Bear Markets.. where we are getting huge SL and Pull backs!

Nifty & HDFC - 03 - Apr - 2018 (+10)

Net gain is adjusted with Nifty 10 lot quantity, for easy computation purpose.