Nifty : 31 - Jul - 2018 (+13)

NF gapped down and unable to break IRH (also DO)
when it seems sustaining below IRL took short with half quantity, but immediately scratched as it prooves to be wrong entry by next bar itself

later waited for PA at PDL or DH. towards fagend it broke DH.

Took half quantity longs as BO of DH and remaining half as BPB of PDH
Average price 11345 and exited at 11365

BNF : 27 - Jul - 2018 (-6)

Today is surprising day for me, on the uptrend day i traded 2 longs still ended in RED.

Gap up in NF and BNF, traded in BNF today.
took BPB of PDH long with 5 lots, but prolonged sideways move with muted volumes makes me to loose focus. moved SL to cost price and exited.

later at fagend by 3PM, it broke out. took 5 lots expecting short covering take place and also banknifty not matching to nifty move. this also failed.

Ponts earned : -6  (adjusted to 10 nifty lots)

NF & BNF : 26 - Jul - 2018 (+30)

Mixed day today. Tired of changing stances, hence closing the day early as i getting into unnecessary trades.

Was having bullish bias at open but seeing pinbar with BOF setup went short in NF.
Scratched it once it turned out to be failure signal.
Later went long in BNF as BPB of PDH and added more lots when it broke 27234 (earlier peak)
average price 27199. exited at 27278.
attempted short in NF as BPB of 11160 which acted as support multiple times.
scratched this trade as well.

Pointed earned in NF (averaged to 10 lots) : -11
Pointed earned in BNF (averaged to NF 10 lots) : +41

Nifty : 24 - Jul - 2018 (-2)

Nifty : 23 - Jul - 2018 (+13)

NF opened with in PDR and moved above PDH quickly. GST and no confidence result gave a positive boost in morning session. Waited for low risk entry near PDH later, but price made BW. Took long as BPB of RH with half quantity as 11073 level (8 days RH) is just away. Thought of adding more later but seeing BNF not supporting move, trialed same position and exited with 26 point gain.

BNF : 17 - July - 2018 (+127)

Today is good example of "Pyramiding Profits"
Traded in BNF as PA looks good to me compared to NF.

After yesterday's down move, there is no follow up at open time. BNF strongly moved upside at open, making bias neutral. Later it consolidated for nearly 4 hours and gave BO upside, turning bias to Up.

Took 8 lots as risk is 30 points. Why 8 lots?
Long triggered at 26890 as BPB of RH with Initial SL 26860
1% of capital = 10K.
Quantity to Trade  = (Risk per trade / SL) ==> 10000/30 ==> 333 is quantity
333 / 40 (BNF lot size) ==> 8.

Hence took 8 lots of BNF

It moved well and gave BPB of PDH setup. here i added 8 more lots and average price came to 26937. Moved SL to 26947, immediately after adding more lots. Now either BNF reduce my profit by hit SL Or i will ride if short covering gonna happen. This is what i am calling PYRAMIDING PROFITS. One must do it when price read telling us chances of winning is more.

It moved well,, exited at 27086 with gain of 149 points.
Translating overall gain into nifty 10 lots,, it comes to 127 points.

Nifty : 14 - Jul - 2018 (-7)

Nifty : 12 - Jul - 2018 (+14)

As usual NF gapped above PDH and broke Big BRN 11000 at open,, went long at 11020 as BPB with half quantity. Exited at 11049. No further trades.

Nifty : 06 - Jul - 2018 (-10)

Bank Nifty : 05 - Jul - 2018 (-8)

NF & BNF : 04 - Jul - 2018 (+19)

NF & BNF : 03 - Jul - 2018 (-18)

BNF : 02 - Jul - 2018 (+21)