9:20 AM
NIFTY :
Lets Go SHORT with yesterday high as SL (5645)
5700PE @ 69.50 Stop Loss will be trailed as we move.
9:45 AM
SL @ Cost 69.50
We can head for a Black Friday today. I am IN.
10:14 AM
SL trailed @ 71
Stay SHORT.
10:30 AM
I am HIT. Out near cost.
Waiting for next entry opportunity.
10:35 AM
Re-Entry 5700PE @67 SL 65.90
Entered as soon as bearish candle engulfing spotted in 2 min.
Always a better strategy to initiate the trade as such junctions.
We owe a luxury to place a very close SL and if the prices move in favour we can always trail it to safer levels.
10:40 am
SL trailed @ Cost 66.90
10:50 am
Grrrrr got hit. Out at Cost.
Never a pain , Capital Protection rules all priority.
Lets wait more to catch a perfect entry
10:55 AM
SBI SHORT 2150PE @ 51.50
SL very close 49
Close Encounter.
11:12 AM
Just One lot 5600PE @ 20
Positional . Target 40
No Stop Loss.
Total Money at Risk : 1000 Rs. I can afford if its all gone. Please make the same trade if you can digest this small loss in case nifty does not falls.
11:28AM
There is a possibility if HnS pattern in 2 min chart with head near 5637 and neckline in 5626-5631
range.
5 min chart is forming a small HnS as well.
If we pass more time in this range , expecting a quick downside in next 15-20 minutes from now.
I am all in : Shorted SBI and NIFTY.
11:35 AM
;)
Zoom to down
That makes me a arrogant man. Lol.
All SHORT STOP LOSS @ 5630 (our Cost) and stay SHORT .
Lunch ?
12:00 Noon
SBI is making Hns in 2 min as well. Stay SHORT for quick fall as we approach towards close today.
Spot 2103 should be the ultimate SL.
12:24 PM
Some music ?
Stay SHORT, we can test 5560 as well intraday. Weekly MACD cross if it happens.
12:57 pm
Sold SBI PUT @ 70 bought at 51.50
Whopping 36 percenet Capital Appreciation
Better to get some profits in pocket. Riding The Nifty SHORTS. It all the way down.
1:02 pm
Out from NIFTY 5600PE @ 30
50 percent Capital Appreication
BELEIVE YOURSELF.
Sitting on cash. No positions.
Eyeing next opportunity.
1:05
Playing reverse now for slight bounce. MACD 2 min crossover.
5500CE @ 114
SL 112
1:13 PM
LONG SL Trailed @ Cost @114
"Trade the pro way "
1:16 pm
SL hit.
Wrong view 00 loss.
Entry Exit SL Technical proficiency psychology is what makes you money.
1:20 PM
SL was too close. Smaller time frames are freaking to buy.
One more attempt with SL some room.
Nifty 5500CE BUY @ 115
SL 112.50
1:35 PM
5 min macd cross too taking places.
Stay Long with very small stop loss as trade is based on smaller time frames.
Spot : 5603 SL for any long trade. Option price 112.5 seems perfect for spot 5603 hence my SL at 112.50
Dont have much expectations , I am into call to reap 10-15 points. If lucky enough ,else risk is my responsibility to manage for the reward I am targeting.
1:36 pm
Punished. Swimming against the flow , paid the price 2 SL hits.
1:50pm
New Intraday low , but positive divergences by MACD.
One more attempt of longing.
5500CE @ 108.50
SL 107
Very Close SL is must , falls are very quick.
2:13 pm
HIT.
Its BEAR RULE.
SHORT 5700PE @99
SL 94 spot 5605
Fellas like me who went long on indicator signal macd and rsi , have been disappointed.
Because the indicator showed up but price's didnt. It happens.
One rule : PRICES are everything. Rest everything is secondary.
What they will do ?
They will start closing their long positions for next 1 hour...
Lets slide the way down. Current spot 5600
2: 35 PM
I am hit. Though the spot still needs to lift up 3 points to remove the resitance , my option price got hit.
Some writing coming in puts.
I am winding up for the day.
Had a wonderful one. Rode the trades that gave gigantic profits and cut all losses short ,infact very short.
Have a Great Weekend guys and I am working to start on "Client Zone" section.
Details will be published coming weekend.
Don't forget to enjoy your weekend.
P.S. Wont be surprised if we open with a GAP DOWN on Monday.
EOD :
A doji again would give more confidence that we would be heading towards 5555 next week.
SHORTS can be loaded next series. very few lots.
Please refer my last night daily charts.
3:29 PM
Smart traders filling the kitty with SHORTS.
Last minute we are falling and 5700PE picking premium.
Next week BEAR WEEK.
Detailed analysis on weekend.
SS
NIFTY :
Lets Go SHORT with yesterday high as SL (5645)
5700PE @ 69.50 Stop Loss will be trailed as we move.
9:45 AM
SL @ Cost 69.50
We can head for a Black Friday today. I am IN.
10:14 AM
SL trailed @ 71
Stay SHORT.
10:30 AM
I am HIT. Out near cost.
Waiting for next entry opportunity.
10:35 AM
Re-Entry 5700PE @67 SL 65.90
Entered as soon as bearish candle engulfing spotted in 2 min.
Always a better strategy to initiate the trade as such junctions.
We owe a luxury to place a very close SL and if the prices move in favour we can always trail it to safer levels.
10:40 am
SL trailed @ Cost 66.90
10:50 am
Grrrrr got hit. Out at Cost.
Never a pain , Capital Protection rules all priority.
Lets wait more to catch a perfect entry
10:55 AM
SBI SHORT 2150PE @ 51.50
SL very close 49
Close Encounter.
11:12 AM
Just One lot 5600PE @ 20
Positional . Target 40
No Stop Loss.
Total Money at Risk : 1000 Rs. I can afford if its all gone. Please make the same trade if you can digest this small loss in case nifty does not falls.
11:28AM
There is a possibility if HnS pattern in 2 min chart with head near 5637 and neckline in 5626-5631
range.
5 min chart is forming a small HnS as well.
If we pass more time in this range , expecting a quick downside in next 15-20 minutes from now.
I am all in : Shorted SBI and NIFTY.
11:35 AM
;)
Zoom to down
That makes me a arrogant man. Lol.
All SHORT STOP LOSS @ 5630 (our Cost) and stay SHORT .
Lunch ?
12:00 Noon
SBI is making Hns in 2 min as well. Stay SHORT for quick fall as we approach towards close today.
Spot 2103 should be the ultimate SL.
12:24 PM
Some music ?
Stay SHORT, we can test 5560 as well intraday. Weekly MACD cross if it happens.
12:57 pm
Sold SBI PUT @ 70 bought at 51.50
Whopping 36 percenet Capital Appreciation
Better to get some profits in pocket. Riding The Nifty SHORTS. It all the way down.
1:02 pm
Out from NIFTY 5600PE @ 30
50 percent Capital Appreication
BELEIVE YOURSELF.
Sitting on cash. No positions.
Eyeing next opportunity.
1:05
Playing reverse now for slight bounce. MACD 2 min crossover.
5500CE @ 114
SL 112
1:13 PM
LONG SL Trailed @ Cost @114
"Trade the pro way "
1:16 pm
SL hit.
Wrong view 00 loss.
Entry Exit SL Technical proficiency psychology is what makes you money.
1:20 PM
SL was too close. Smaller time frames are freaking to buy.
One more attempt with SL some room.
Nifty 5500CE BUY @ 115
SL 112.50
1:35 PM
5 min macd cross too taking places.
Stay Long with very small stop loss as trade is based on smaller time frames.
Spot : 5603 SL for any long trade. Option price 112.5 seems perfect for spot 5603 hence my SL at 112.50
Dont have much expectations , I am into call to reap 10-15 points. If lucky enough ,else risk is my responsibility to manage for the reward I am targeting.
1:36 pm
Punished. Swimming against the flow , paid the price 2 SL hits.
1:50pm
New Intraday low , but positive divergences by MACD.
One more attempt of longing.
5500CE @ 108.50
SL 107
Very Close SL is must , falls are very quick.
2:13 pm
HIT.
Its BEAR RULE.
SHORT 5700PE @99
SL 94 spot 5605
Fellas like me who went long on indicator signal macd and rsi , have been disappointed.
Because the indicator showed up but price's didnt. It happens.
One rule : PRICES are everything. Rest everything is secondary.
What they will do ?
They will start closing their long positions for next 1 hour...
Lets slide the way down. Current spot 5600
2: 35 PM
I am hit. Though the spot still needs to lift up 3 points to remove the resitance , my option price got hit.
Some writing coming in puts.
I am winding up for the day.
Had a wonderful one. Rode the trades that gave gigantic profits and cut all losses short ,infact very short.
Have a Great Weekend guys and I am working to start on "Client Zone" section.
Details will be published coming weekend.
Don't forget to enjoy your weekend.
P.S. Wont be surprised if we open with a GAP DOWN on Monday.
EOD :
A doji again would give more confidence that we would be heading towards 5555 next week.
SHORTS can be loaded next series. very few lots.
Please refer my last night daily charts.
3:29 PM
Smart traders filling the kitty with SHORTS.
Last minute we are falling and 5700PE picking premium.
Next week BEAR WEEK.
Detailed analysis on weekend.
SS
its nice to be here, only one king rest soldiers to follow.
ReplyDeletePlease go through the King's speculation about market move in last night post.
ReplyDeleteI have a REASON for every trade.
Anyone who is satisfied by my reasoning , can attempt to follow my trades.
Trust me posting charts and speculating moves is the easiest job for clowns around. Trading is a tough JOB. The real Job. Making Money is the motive and that I strive for here.
This blog is not a market study coaching center.
good afternoon
ReplyDeletesbin buy target 2094
nifty may go down to 5585
ReplyDeletenifty have power >5615
ReplyDeletethank you friend. i am deendayal i dono how to select profile next time ill do it.
ReplyDeleteSS Bhaai
ReplyDeleteAap kuchh Job karte ho kinahi ya khali trading se paisa kamate ho?
(I m sorry for asking personal question par mai to aapka sachha fan hu siliye puchha)
lotts of things to learn here...awaiting the "client zone" section..
ReplyDeleteIn client zone he will demand money to reveal his trades and quality also may go down as he will stop trading and will start giving tips only making his living on it. same game played by many before him.
ReplyDeleteThose who have issues ,stop visiting the blog. As simple as that.
ReplyDelete