Wednesday, 7 December 2011

7 Intra, AscendingTriangle broken upside !

First Buy call @5100 missed due to vertical rise !
Long only 50% 5118 SL pass 5108. -10
Long 5085 SAR 5076.
Booked 50% 5107. +22.
Remaining50% 5115. +30.
Short 5120 SL 5134.05 
Exited50% 5120
Remaining50%bookedprofit 5101. +19 
Net -5+26+9= +30 

Monday, 5 December 2011

7 Dec Ascending Triangle & InsideBar,Ready for Breakout !

NiftyFuture 5066
Stop and Reverse 4940.
Trend Reversal Down below 4940.
Resistance
5100
Support
5025
HappyTrading
If trades above 5095  Target 5150
If trades below 5025  Target 4940.

5 Intra Today Inside Bar !

Long 5053  SAR pass 5036. -17
Short 5036 SAR pass 5045. -9
Long 5045 SAR 5030.
Booked50% 5075. +30.
Remaining 50% TSAR pass 5068. +23
Short from 5068 SL 5087.05  
Booked 50% 5048. +20 
Remaining 50% booked 5038. +30.

Net -17-9+26+25= +25 

Friday, 2 December 2011

5 Dec

NiftyFuture 5081.
Stop and Reverse SAR 4905.
Trend reversal down below 4905.
Resistance
5165
5125
Support
5040
5000
HappyTrading

2 Intra

Long  4950  TSL pass 4962. +12
Short  4962  SAR pass 4977. -15.
Long 4977  SAR pass 4974. -3 
Short 4974  SAR pass 4985. -11
Long 4985  SAR pas 4980. -5
Short 4980  SAR pass 4988.-8
Long 4988  Booked @ 5007. +19 
Net -11
These two days, I have been, perhaps,a little bit aggressive in doing SAR, clearly identified trend but somehow embarassed with frequent net disconnections[but no excuses !]. Every trader will experince good & bad times as he goes on ! But one has to enjoy and revel this challenge learning curve !
Hopeful for Tomorrow as Tomorrow never dies ! 

Thursday, 1 December 2011

2 Dec

NiftyFuture 4964
Stop and Reverse SAR 4890.
Trend Reversal Down below 4890.

Resistance
5010
Support
4920
HappyTrading 
Bear Market Rallies are very sharp and Swift. Oct28th [5400] and Todays Gaps [5015]are best examples !
Unless 5000 is crossed, it will become another intermediate top as this corrective rally ends here & Downfall may resume ! If crosses 5000, then 5120 might be the Final target ! 

1 Intra

Today we are doing only 50% of our usual Quantity.
Short 4982  SAR pass 4988. -6
Long 4988  SAR pass 4975. -13
Short 4975  SAR pass 4992. -17
Long 4992 SAR pass  4987. -5
Short 4987   Exited 4980. +7
Net  -17 [We did only 50% Quantity today]