22 NOV :

Good Morning All....

PreMarket : Shoot Nifty , Lets eye some stocks..SBI/INFY....

9:30 AM

SHORT SBI 2100PE @ 33.50 Stop Loss 32
Close Encounter

9:40
A bad trade got hit. A premature trade.
3 percent capital depreciation.

9:42
Re-Entry SBI 2100PE @ 32.20 Stop Loss 30
Trading with expectation 2 min MACD has peaked out and spot made by SBI 2096 should remain as day high.
Never a bad idea to give it a shot with such small SL.

10:05

SBI PUT trailing the SL @ Cost. Playing safe as overall this is not a good trade.
Protecting capital is the prime focus currently.
Current 2100 PE is quoting 35...bought at 32.20

10:35 am
Sold 50 percent positions @ 38 bought at 32.20
16 percent Capital Appreciation..

Remaining 50 percent positions , will ride it more...SL @ Cost


11:20 AM

SBI PE got Hit.

Entering SBI LONG :

2100CE@ 28.50
STOP LOSS 26

11:25 am

Ha ha..
Stop loss @ cost now.
current 32 bought at 28.50

11:30
want to sell it 40 , half of them and at 50 remaining half.
targeting 2118+  spot levels in sbi intraday

11:45 am

Trailing th SL @ 31.90

11:51
Hit. 11 percent Capital Appreciation.

Will reenter SBI very soon.

11:57
SBI 2100CE @ 29.40

12:01

Kangaroo Tail in 2 min...
Racing up positions in 2100CE

Stop Loss @ 28.50 average by at 30

12:16
Oh no..
Kangarooo got negated by this this quick fall ..got hit Capital Depreciates by 5 percent.

Again a kangaroo tail spotted.
Re Entry 29.50
sl 28.90

12:52
sbi 2100CE current price 36 bought at 29.50
But why to hurry , will book near 41-42

1:00 pm

SBI booked at 34.50
18 percent Capital Apprecitaion.

NIFTY SHORT 5700PE@ 76.50 SL 73

1:14 pm
Nifty Ht : 5 percent capital depreciates.

NIFTY LONG : 5600CE@58.80 SL SPOT 5623


1:30 pm :
Kangaroo tail again in 2min chart before aby breach of 5623
Stay LONG.

1:39 pm
stop loss trailed at 54 (when spot kissed 5623)

1:45 PM
Expect shorts to covered as we approach closing today.
Innocent souls have have been shorting since morning but Nifty too strong to fall.

Expecting : 5640/5650+  Intraday

NIFTY CE SL @ 54.50

1:58 PM

Trailing SL @ 60

2:04 PM

5640 is a important level in 5 min charts , if we can breach it and tick for some time above it , expect Nifty to zoom up fast.

5600ce picking premium...I am all in for upside for rest of the day .

2:34 PM

;)
SL trailed @ 64 , eyeing to sell near 75

2:37 pm
Trailing SL @67 5640 should be the immediate support now.

2:41

Sold @67 bought at 58.80
14 percent capital Appreciation.

Whats Next ?

I want to sit out and wait , if today prices show up above 5650 , will take few quantity of dec series nifty shorts. Today's low volume are indicating bulls getting weaker.

May we thats why we have pulled 10 points down now , may be smart traders have started accumulating shorts or booking profits. Still , I will wait 5650+ to show up today.

I am position less.


SS