I am not a certified analyst. The charts shown and the content in the blog are for educational purpose only and in no way is a buy or sell recommendation. Readers are advised to use discretion.

Monday 31 March 2014

Intraday Trades - 31.03.2013

Intraday: Month ended with a mix bag of trades. Mkt Open Gap up, but formed a range with MBB trending down.
1) Short on the break after Pullback. Closed at Tag on LBB
2) Long on a small Hammer on LBB as Tag in ranging BB. moved SL a bit & ended at it
3) Again a Long on Doji at LBB as a Tag. Ended with my SL.
4) Short on the break of Pullback low. Covered with 15 pts only.
Was looking at a probable trade in the Fluid as break of recent Pivot after FTC, but didn't take due to down trending MBB..

Friday 28 March 2014

Intraday Trades - 28.03.2014

Intraday: Mkt opened near PDH. A sharp fall till PDC came
1) Gave a BOF of PDH. Didn't take as BRN as PDC were too close.
2) A Long on BOF of BRN with a  Tag on LBB. Closed at Doji on PDH.
3) Sshort on the Long Red candle breaking the Pivots & MBB. Ended with my SL. Mkt turned too fast & started north. wasn't expecting this. No further trade.

Thursday 27 March 2014

Intraday Trades - 27.03.2014

Intraday: An Expiry Day. Took a single trade & refrained from others..
1) Long on the break of DO. Closed at BRN.
2) A probable short after a Tag & pivot break. It would have ended in the last at a Tag.
3) A probable Long after Tag & pivot break. It moved very well.
After that, the Expiry drama..


Wednesday 26 March 2014

Intraday Trades - 26.03.2014

Intraday: An Outside Gap Up day. I was looking to go long at PDH. but price made an FTC & then moved with too slow momentum to touch the day's low.
1) Long on the break of Pivot with FTC. Closed when 3rd push failed as a Tag with 10 pts.
2) A Short on close below MBB, as it was a TRAP pattern breaking previous MSP. Closed on Pivot break around 6660.
No further trade.

Tuesday 25 March 2014

Intraday Trades - 25.03.2014

Intraday: Totally Ranging mkt between PDH & DO. Tried to enter 3 times-
1) Short on the BOF. Closed at no Loss.
2) Long on the BOF & 2 Tags on LBB. Closed at no loss. I was expecting to go up after a Pullback
3) Long on BOF & a Tag on LBB. Closed with few points in 2nd pullback. This also, didn't move as expected.

Monday 24 March 2014

Intraday Trades - 24.03.2014

Intraday: Didn't find any good signal to enter in the innitial move. Market moved higher & halted. Waited for a TRAP pattern to emerge
1) Long on the BPB after a Close on UBB and previously two Tags on LBB. Covered on a Tag on UBB.

Friday 21 March 2014

Intraday - 21.03.2014

Intraday: A Choppy day !! 3 trades & all ended with SL..
1) A Long on the BPB of range high. SL hit. Didn't take the downmove
2) Another Long on the break of Red candle after a Tag on LBB. Closed at Tag on UBB at no loss
3) Short on break of Green candle after a Tag on UBB. Ended with my SL at Big Red candle Open.


Thursday 20 March 2014

Intraday Trades - 20.03.2014

Intraday: Nifty Opened below PDL, but was ranging full day. I didn't find any good signal today. Mkt was giving a good momentum without any followup every time. Looking for a Pullback made me loose some BOF opportunities..
1) Short on BOF of PDL. Closed when it crossed Initial range DP.
2) Long on same candle thinking it as a good reversal. I waited too long after touching PDC. Ended it at my SL on the Open of Big Green candle. I was expecting a Pullback only as close was outside BB. Only 7 pts.
3) A Short on the break of Pivot as BOF of PDC, PDL. I was late on board. Closed it when it refused to go  below day's low.
4) Another short on Range break with close, as i was waiting for confirmation to avoid BOF of Day's low. Closed at BRN.

Wednesday 19 March 2014

Intraday Trades - 19.03.2014

Intraday: A Fast move downwards with opening stalled just after PDC. A BOF happened. Waited for Price to close above MBB.
1) Long on the Close above MBB. Quick 10 pts
2) Short on the break of Pivot after 2nd Tag on UBB. It stopped at today's Low & came back. Closed with 10 pts

Tuesday 18 March 2014

Intraday Trades - 18.03.2014

Intraday: After the initial up move, BOF of BRN happened. Waited for MBB to move downwards. Price made a TRAP pattern on MSP marked in Pink line.
1) Short on break below recent pivot. Sat all day long till price is below MBB without any strongTag/ FTC. Closed when the big Inverted hammer failed to go down on MBB
No further trade although it moved up a bit but refrained.

Friday 14 March 2014

Intraday Trades - 14.03.2014

Intraday: Today, Mkt was in a range till last hour. too many possible signals-
1) A BOF of range high at pivot break. Not Moving well
2) A BOF on range low with a Hammer on LBB.
3) Another BOF short with a Hammer on UBB. It would have been a loosing trade
4) A Long on Breakout with close above UBB & cross of hammer.

Thursday 13 March 2014

Intraday Trades - 13.03.2014

Intraday: Didn't trade today & will not trade tomorrow. Reviewing the charts..
1) One trade only available today- BOF of Range high formed after 2 hrs..

Wednesday 12 March 2014

Intraday Trades - 12.03.2014

Intraday: Mkt opened near PDL. I was expecting it to go down. Was looking for a Pullback, but it didn't give.
1) Long on BOF after crossing Pivot. It zoomed too fast without any fluid. Got out early with 35 points due to Fear of loosing. Mkt made a range. I was again expecting to give another push Up, which ended as FTC to UBB.
2) Short on the Breakout in Fluid made in the morning with MBB clearly down. Was willing to sit till end of the morning move. Closed with Big Green Candle.
3) Again a Long on Close above MBB & PDC. Gave my SL.
No further trade..

Tuesday 11 March 2014

Intraday Trades - 11.03.2014

Intraday:  An Open Lower than PDH. Mkt moved fast towards PDH, but couldn't make it. Then a steep fall. Mkt formed an Initial Range. A Tag on LBB gave a signal to go Long, but no good point to enter.
1) Short on the break of PDC after a Tag on UBB. Closed when a range formed after FTC with a hammer.
2) Long on the Tag on LBB in Ranging market. Closed at 2nd Tag on UBB. Mkt formed a range & then moved south. Didn't go Short as PDL was just below.
3) Long on the BOF of Range low. Got stopped out with big Red candle.

Monday 10 March 2014

Intraday Trades - 10.03.2014

Intraday: Mkt gap down from PDC. The first Big Green candle gave me a hint to go Long. Waited for a Pullback to move above PDH.
1) Long on the break of Today's High after a close above PDH. Too Bad judgement made in hurry ended with my SL. No Shorts taken as MBB was always Up. mkt gave a Pullback on PDC around 13:30, but as PDH was just above, didn't take.
2) Again a Long on BPB of PDH just after a beautiful hammer. Was in a Call, whose SL was taken out with a sudden fluctuation. So, left out of the total move. Profit booking came in end signaling a probable Pullback from tomorrow..

Friday 7 March 2014

Intraday Trades - 07.03.2014

Intraday: A Trending day with Gap Up. These all time highs always seem difficult to me, as Profit taking can come anywhere. Took too many trades with tight SL. A 100 pt day with no good trade.
1) Short on the Hammer on UBB. Closed when there was a Tag on LBB at no Loss. I was expecting till PDH.
2) Long on the BOF of Day's open followed by a Tag after crossing pivot. A big Red candle stopped me out.
3) Tried a Long, but order not filled at good rates on the Breakout marked in Pink. from 6531, mkt moved down with Profit taking.
4) Short on the close below MBB (although it was a Bullish mkt). Stopped out. Bad judgement.
5) long on the break of Pivot as BOF of BRN. MBB up. Closed on same candle, as it formed an inverted hammer.
6) Long on the Break out candle closing above UBB. Closed in big Red Candle.

Problem today- Over trading with every signal found. Will reduce no of trades from Monday..

Thursday 6 March 2014

Intraday Trades - 06.03.2014

Intraday: Mkt Open up. Moved down sharply & took a bounce from PDH.
1) Took a Long on BOF of PDH, when price crossed Day's open. Closed at FTC of UBB at no loss. It moved down forming a Range.
2) Long on the Hammer on LBB. Closed when an inverted hammer formed on UBB. Was looking for a short entry after Inverted hammer, but price didn't give any followup.
3) Long on BPB of Range High, when candle close Outside UBB. I was expecting it to go till BRN 6400, but it moved higher. Was cautios as mkt was at all time high. Closed at my SL in Big Red Bar. 30 pts.
No further trade..

Wednesday 5 March 2014

Intraday Trades - 05.03.2014

Intraday: Today was a tough day. Too many signals with DP above/ below them.
1) Short on the break of Pivot low. Took it as BOF of range high with MBB down. Closed it, when it formed a Shooting star with follow up green candle. Didn't take Longs here due to MBB direction. Was expecting market to go till BRN as there was no DP in between.
2) Mkt Completed 3rd push as a Close outside LBB. Then there was a FTC & a close above MBB called for Long, but avoided. R:R not good as PDC, PDH were just above.
No reliable signal till end.

Tuesday 4 March 2014

Intraday Trades - 04.03.2014

Intraday: Was Out for the day & missed the great up move.  Though Mkt was bearish yesterday & global clues were also bearish, but Price refused to go below Yesterday close was the first sign of strength. Two trades emerged today, if i would have tried-
1) Long on the BPB, when price crossed the recent Pivot high. No DP in between till PDH. The area was like a Fluid. Price halted at 1 place & at BRN, we could book profits as there were 2 DPs together.
2) Another BPB on BRN. Closing could be done in the last range/ break of MSP.
In last, there seemed a TRAP pattern which didn't worked out.

See MBB is always UP, so no question of short !!


Monday 3 March 2014

Intraday Trades - 03.03.2014

Intraday: Global indices were giving a negative clue, but market didn't gap down. It took support at Day's open making it a BOF long. I was hesitant there, but once it closed above UBB, i started looking for opportunity to go long.
1) Long on the Pullback, when mkt crossed the recent pivot. Closed when it formed a range at PDH. The long tails were suggesting that up move was over.
2) Short on close below MBB at BOF and FTC of UBB. Waited for few time & it started breaking all DPs. Closed the trade, when price made a Tag on LBB. Good 50 pts.. Off for the day.