Nifty : 13 - Dec - 2019

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Base Capital ::   10L                                   
                                                                   
P/L Today     ::   + 57,075 INR                 
                                                                   
ROI               ::   + 5.70 %                                 
                                                                   
                                                                   
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Nifty : 29 - Nov - 2019

Nifty : 22 - Nov - 2019

Nifty : 20 - Nov - 2019

Nifty : 06 - Nov - 2019

Nifty : 17 - Oct - 2019

Nifty : 26 - Sep - 2019

Nifty : 17 - Sep - 2019

Nifty : 30 - Aug - 2019

Nifty : 26 - Aug - 2019

Nifty : 30 - July - 2019

EOD Observation :

Followed the trade plan

Nifty : 27 - Mar - 2019

Nifty : 11 - Mar - 2019

This is How we trade in "Trade With Me" Program

Nifty : 08 - Aug - 2018 (+15)

NF opened with in yesterday range; after some slide price moving towards IRH strongly with HH--LL formation, went long with 4 lots as direct BO (BN broke PDH same time swiftly)

Moved swiftly above PDH; didnt get chance to enter as BPB

later it pulled back till PDH and gave opportunity to add position with low risk, added 4 more lots at 11450. i was expecting trend day.

average price 11441.

but while making new high's price not sustaining well. exited at 11464 with gain of 23 points.

Attempted direct BO short below MSP with 4 lots but scratched with loss of 8 points


Points earned (profit / 10 nifty lots) : +15

BNF : 03 - Aug - 2018 (+129)

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 : 26 - 03 - 2018 (+82)

Loss incurred in 6 SL's in a row.. has been covered in signal trade today!
Entered trade in 2 parts.

Nifty : 28 - Feb - 2018 (+21)

Market Commentary

1. NF Gapped down below PDL with the trend GAP.

2. Tried to break 10480 level (below which 30 point fluid exist) failed and moved swiftly
till BRN crossing DO

3. Struggled to sustain above BRN... marked IRH -- 10507, IRL -- 10477

4. Now 2 possible trade setup's emerging... BPB of IRH Long with FTA PDL 35 point away
& BO/BPB of DL/IRL Short,, 22 point fluid exist til 10456.

5.  Skipped BPB of IRH as not convinced of PA.. there was deep pull back..
Not having enough confidence to risk 13 point.. Will wait for PA in Zone 10436-43

6. NF trading in 2 ranges so far.. Break of upper range upside is bullish…
Hurdle is in zone of 10436-43-52. If NF broke downside of upper range,,
BPB of RL can be attempted but momentum will be below DL

7. Trade 1 : BOF of DL Long at 10491 with Initial SL 10475… Took with 5 lots.

8. Moved SL to 10484 as price struggling to pass above earlier swing high

9. Added 5 more lots at 10533 with Initial SL 10517; Avg price is 10512

10. Moved SL to 10535… NF strongly moved above PDL but reversed with same speed

11. Exited with gain of 21 points

Points Earned : +21

Nifty : 19 - Dec - 2017 (+30)

Nifty : 31 - Aug - 2017 (+7)

Market Commentary:

PreMarket :- Last 5 days range is 9942-9785

Case 1 : Staying above BRN -  9900 (Or) PDC - 9880 .. NF attempts PDH  9918

Case 2 : Staying above PDH  9918 .. NF attempts SR - 9942

Case 3 : Staying above PDL 9847.. NF attempts PDC - 9880, BRN - 9900, PDH - 9918

Case 4 : Staying below below PDH 9918.. NF attempts BRN - 9900, PDC - 9880, PDL 9847

Case 5 : Staying below PDL 9847.. NF attempts BRN - 9800, SS - 9785

Let's see where DO happen and IR forms… based on which case play out.. Trade location, Pattern, Entry will be decided.

9:35 AM : None of Pre-Market case validated. DO is near to PDC and IR 9890-9868 formed with in Yesterday’s closing range 9917-9880 (PDH-PDC)

9:39 AM : BOF of DO/IRL signal, but less space and very early to attempt. Will wait for price to consolidate and give clean signal

10:22 AM : Adjusted IR to 9890-9866, after price making small wicks below 9868

10:56 AM : Discarded IR and drawn channel

12:15 PM : Waited for price to reach PDL, but sudden reversal and price gone above DH

12:48 PM : TST to BRN and price stalled now, break below swing low 9887 may offer sharp fall

13:05 PM : Trade 1 : BOF of RH and TST of BRN short at 9887 with Initial SL 9895, 25 points fluid

13:50 PM : Exited with gain of 7 points

14:05 PM : Closing the day now, dont wanna trade expiry moves now

Points Earned ::  +7