1 July

Positional SAR[Stop and Reverse] 5492
Long Triggered from 5378 Close 5655 +277 Points 

1 July
NiftyFuture[5655]:
Resistance
5680
Support
5630
Happy Trading !
 

30 June

Positional SAR[Stop and Reverse] 5464
Long Triggered from 5378, Todays close 5604 +226 Points

30 Intra
NiftyFuture[5604]-
Resistance
 5625
Support
5575
If trades above 5625 then Target ????????? 
HappyTrading

29 June

Positional SAR[Stop and Reverse]:5438
Long Triggered from 5378, Close5549  +171 points.

29 June Intra
NiftyFuture[5549]
Resistance
5585
Support
5510 
HappyTrading 

28 June

POSITIONAL SAR [stop and reverse] 5418
Long triggered from 5378, Close 5534 +156 points

28 Intraday
NiftyFuture:5534
Resistances
5595
5565 
Support
5505
5475
HappyTrading 

27 Intra

Shorted 5520 TSL triggered 5526.05

27 June

POSITIONAL SAR [Stop and reverse] 5397.
Long triggered from 5378, Close 5484 [+106points]

27 IntraDay
NiftyFuture[5484]:
Resistances
5560
5520
Support
5450
5410 
HappyTrading

Is Trading difficult, Why ?

1.Need to trust MoneymanagementSystem to weather 10 Losses in a row.
2.Tuff to internalize that its the 5-6 huge monthly runners that is the big payoff-days
3. It takes considerable time to mathematically think & act like trader !
4.Trading is a performance skill which requires mastery of every element of trading.
5.It requires time Capital & considerable effort to achieve the experience.
6.It takes several attempts at different trading methodology to Synchronize with a traders personality &Cognitive strengths.
7.To survive in trading requires weathering the lengthy. 

24 June

NiftyFuture[5316]:
Resistance
5337
Support
5275
Happytrading

23 Intra

No calls given on 22 June
23 Intra:
Bought 5320 DaysHigh [5337] Tsl triggered 5310.
Sold @ 5310 [comedown to 5295] TSL triggered 5320.

22 June

NiftyFuture[5278]
Resistance
5320
Support
5240
HappyTrading

21 Intra

Shorted 5305 SL triggered 5318
Shorted 5310 SL 5326.05 Target 5270.
Booked profit @ 5270.[2:55]

H&S broken with Volumes ! Target 4700.

NiftyFuture[5260]
21 June
Resistance
5315
Supports
5206
5152 
Yesterday below 5345 exact target 5180 reached !
Clients bought 5200 & 5100 Puts.
Two close above 5360 can only negate the bearishview.
Otherwise Extreme Bearish may target 4700 in coming weeks !

20 June

NiftyFuture[5380]:
Resistance
5415
Support
5345
If trades below 5345 then target ?????? 
HappyTrading !

Major Head&Shoulder

If Neckline Support  5325 breaks
& Closes below 5325,
See Height of the head 600 points !
Then Nifty Target 4700 !
Unless&until it crosses 5610.
Expect major downside ! 

When the ship starts to sink, Dont Pray, just Jump !

17 June

NiftyFuture[5402]
Resistance
5440
Support
5370
HappyTrading !

16 June

NiftyFuture[5451]:
Resistance
5485
Support
5433
If trades below 5433 then target ????? 
HappyTrading

15 Intra !

Shorted @ 5491  SL 5505.05 Target 5455.
Target 5455 exactly reached so far.

15 June

NiftyFuture[5516]
Resistance
5540
Support
5495
If Crosses 5540 then  Target ????
Happy trading !

Inverse Head&Shoulder

Once again Inverse Head & Shoulder in Force !
Neckline being placed @ 5610.
If Crosses 5610,  Target 5850.
make your strategy !

14 June

NiftyFuture[5498]-
Resistance
5540
Support
5460
HappyTrading !

13 Intra.

Shorted 5460 SL 5470.05 Target 5430[daylow 5437]
Bought 5470 Sl 5455 Target 5500  5520.
Booked50% @ 5495
Remaining 50% booked @ 5500.

Acceptance !

So far known Qualities,a trader should have,
Discipline,Confidence,Trust,Focus,[plz go through previous posts]
Today, Acceptance
You have to accept what the market is willing to give or 
You will give the market what it wants to take !

10 Intra Patience pays !

 Shorted @5500  SL 5512.05  Target 5475  5440.
Booked Profit 50% @ 5485.
Booked Profit Remaining 50%@ 5452. [dayslow5450.25 so far2:00pm]

9 Intra

Today Shorted 5517, Target 5485[DayLow 5493]
Once again Shorted 5525
Covered50% @ 5505
Remaining50% Tsl triggered 5515.
Very Narrow Range for last few days ! 

Inverse Head&Shoulder in Nifty !

Inverse Head&Shoulder formed in Nifty !
If the Neckline 5610 is taken away, then the target 5850.

7 Intra Ascending Triangle !

Shorted 5534 Sl triggered 5543
Long 5544 SL 5535  Target 5570 5590
Ascending Triangle Upside broken !

1st Target done[days high 5577]
but Tsl triggered 5549 .

 

6 Intra

Shorted 5500 Target 5475  5455
Booked 50% @ 5476
Remaining 50% TSL triggered 5587

Shorted 5508 sl triggered 5517

FOCUS !

An another essential quality a trader should have !
You will never learn all there is to learn about the market!
Push your Ego aside and FOCUS on one market, One scrip & One Strategy !

3 Intra

Long @ 5590 TSL triggered @ 5587
Shorted @ 5587  Covered @ 5535

3 June

NiftyFuture[5558]-
Resistance
5580
Support
5532
HappyTrading !

Nifty 5622 Channel Resistance !

NiftyFuture will Face Strong Resistance @ 5620,
If crosses & closes above 5620, Target 5760.
If it does not cross 5620, Nifty may target 5000.
remains to be seen !!!!!