9:56 AM
NIFTY : Wait before you short. I am waiting to punch in SHORT ORDER BELOW prices 5630.
10:00 AM
TRIGGER order placed. NIFTY5700PE NOV trigger buy above 69.50
10:10 AM
1 lot BUY NIFTY5700PE @ 64.50 SL 62.50
10:22 AM
Bearish engulfing in 2 min..STAY SHORT with SL 62.50
Also Note : Above 5640 we might the move the bulls way. Stop Loss at place please without any mercy.
10:28 :
EMA cross has also come .
SHORT FULL THROTTLE. STOP LOSS SPOT 5640
Please choose DEC expiry puts , Nov expiry is too risky to trade now onwards. My running 5700PE is the last trade in Nov Expiry.
SL trailed @ COST @ 64
10:40 am
Too conservative SL , its hit. Out close to cost.
bearish view still intact.
DEC 5700PE @ 98 SL 95
10:50 am
DEC 5700PE SL @ Cost 97.50
Why stay SHORT ?
2 min timeframe , we are trading below 13/22 ema and macd going one way sell.
5 min timeframe ,Prices below 13/22 ema and macd going one way sell. 13/22 ema cross has yet to come which should fuel the fall with faster pace.
30min timeframe: If MACD cross comes , 5600 would be kissed within no time.EMA cross has a long time to take over.
Daily timeframe : Stays SELL. Short on Each rise.
Then why you folding Hands ?
Throw your chips IN......SHORT DEC EXPIRY contracts.
11:20 am
DEC NIFTY SHORT will be taken care via stop loss. (At cost)
Lets go what ticker is showing.
Going LONG on SBI Current spot 2090
Stop loss2081
Chose the trading instrument yourself according to your risk capability.
11:27 AM
Closing ALL SHORTS.
DEC PUT sold at 99.50
2 min chart sliding in bull favour.
No Nifty trade.
Long in SBI currently.
2 min charts are the first entry point of any next move in Nifty.
Bulls have registered a entry , as macd is posting positive divergence and prices staying above 13/22 ema..."We need to trade where Market goes" NOT where we want the market to go.
I will enter Nifty Long trade incase : 5 min shows of bullish entry as well.
SL will be based on 2 min charts.
11:55 PM
Nifty Falls.
SBI shoots UP.
Wink ;)
12:15 PM
SBI stop Loss spot @ 2088
12:21
SBI getting out at 2108
bought at 2090
12:45 pm
Useless to trade Nifty today.
Eyeing stocks if any
12:51 pm
Longing BHEL
NOV
Risky , just 1 lot.
Positive divergence in smaller time frames. Current Spot : 221.60
220CE @ 3.65
Hard Stop Loss trigger @ 3.50 bought at 3.65
1:35 PM
Bhel GOT HIT.
Happy with just SBI today.
Not liking the markets today.
I wont be mostly doing any trade today now.
1:40 pm
Will like to dare BHEL again.
Placed 220CE BUY order @3.05
Expecting a new intraday low should post a positive divergence and we might get 223 as spot target by close.option target 4.30 would be fair enough.
1:45pm
Going aggressive , BUYING @ 3.40 order getting filled.
2:05
Get Ready
BHEL should shoot up in next 30 min
current : 221.65
3:03 pm
Aaah BHEL disappointed. Trying to get out at 3.10 bought at 3.40
3:05
Protected ..Placed order at 4 . Its all goood.
3:10
Closing BHEL @3.10 finally. Bad one.
EOD :
Good Part of sbi profits got drained out of sl hits and bhel. Not a great day but we have to be satisfied with this on a non trending rangebound dry volume boring day.
Nifty View Remains same for tomorrow as yesterday.
Expecting a boring day tomorrow as well ,Wednesday being a holiday. I would try to lessen my number of trades tomorrow if any.
Volumes man , need enough volumes to ride a excellent trade ,hopefully Short in near time.
SS
NIFTY : Wait before you short. I am waiting to punch in SHORT ORDER BELOW prices 5630.
10:00 AM
TRIGGER order placed. NIFTY5700PE NOV trigger buy above 69.50
10:10 AM
1 lot BUY NIFTY5700PE @ 64.50 SL 62.50
10:22 AM
Bearish engulfing in 2 min..STAY SHORT with SL 62.50
Also Note : Above 5640 we might the move the bulls way. Stop Loss at place please without any mercy.
10:28 :
EMA cross has also come .
SHORT FULL THROTTLE. STOP LOSS SPOT 5640
Please choose DEC expiry puts , Nov expiry is too risky to trade now onwards. My running 5700PE is the last trade in Nov Expiry.
SL trailed @ COST @ 64
10:40 am
Too conservative SL , its hit. Out close to cost.
bearish view still intact.
DEC 5700PE @ 98 SL 95
10:50 am
DEC 5700PE SL @ Cost 97.50
Why stay SHORT ?
2 min timeframe , we are trading below 13/22 ema and macd going one way sell.
5 min timeframe ,Prices below 13/22 ema and macd going one way sell. 13/22 ema cross has yet to come which should fuel the fall with faster pace.
30min timeframe: If MACD cross comes , 5600 would be kissed within no time.EMA cross has a long time to take over.
Daily timeframe : Stays SELL. Short on Each rise.
Then why you folding Hands ?
Throw your chips IN......SHORT DEC EXPIRY contracts.
11:20 am
DEC NIFTY SHORT will be taken care via stop loss. (At cost)
Lets go what ticker is showing.
Going LONG on SBI Current spot 2090
Stop loss2081
Chose the trading instrument yourself according to your risk capability.
11:27 AM
Closing ALL SHORTS.
DEC PUT sold at 99.50
2 min chart sliding in bull favour.
No Nifty trade.
Long in SBI currently.
2 min charts are the first entry point of any next move in Nifty.
Bulls have registered a entry , as macd is posting positive divergence and prices staying above 13/22 ema..."We need to trade where Market goes" NOT where we want the market to go.
I will enter Nifty Long trade incase : 5 min shows of bullish entry as well.
SL will be based on 2 min charts.
11:55 PM
Nifty Falls.
SBI shoots UP.
Wink ;)
12:15 PM
SBI stop Loss spot @ 2088
12:21
SBI getting out at 2108
bought at 2090
12:45 pm
Useless to trade Nifty today.
Eyeing stocks if any
12:51 pm
Longing BHEL
NOV
Risky , just 1 lot.
Positive divergence in smaller time frames. Current Spot : 221.60
220CE @ 3.65
Hard Stop Loss trigger @ 3.50 bought at 3.65
1:35 PM
Bhel GOT HIT.
Happy with just SBI today.
Not liking the markets today.
I wont be mostly doing any trade today now.
1:40 pm
Will like to dare BHEL again.
Placed 220CE BUY order @3.05
Expecting a new intraday low should post a positive divergence and we might get 223 as spot target by close.option target 4.30 would be fair enough.
1:45pm
Going aggressive , BUYING @ 3.40 order getting filled.
2:05
Get Ready
BHEL should shoot up in next 30 min
current : 221.65
3:03 pm
Aaah BHEL disappointed. Trying to get out at 3.10 bought at 3.40
3:05
Protected ..Placed order at 4 . Its all goood.
3:10
Closing BHEL @3.10 finally. Bad one.
EOD :
Good Part of sbi profits got drained out of sl hits and bhel. Not a great day but we have to be satisfied with this on a non trending rangebound dry volume boring day.
Nifty View Remains same for tomorrow as yesterday.
Expecting a boring day tomorrow as well ,Wednesday being a holiday. I would try to lessen my number of trades tomorrow if any.
Volumes man , need enough volumes to ride a excellent trade ,hopefully Short in near time.
SS
sl for bhel ce..?
ReplyDeleteHello Sir,
ReplyDeleteBHEL update..? Sl..?
Sorry was away...BHEL disapppointed..I was expecting it to bounce atleast after new intraday low...I am still riding and taken away my buy order from 3.10 to 4 now
ReplyDeletesell order at 4.....? not buy
ReplyDeleteI bought it 3.10 , 2 min crossover did not hold during the last 30 min , I was expecting the spot to shoot up a point atleast hence placed the sell order at 4 but alas it reversed back and I had to get out at 3.10.
ReplyDelete*Bought at 3.40
ReplyDeleteany updates for tomorrow..??
ReplyDeleteSame as yesterday...No change dear
ReplyDeleteDear SSji,
ReplyDeleteCould not exit BHEL bought @3.40. So,if possible please update this tomorrow for best exit.
Thanks!
Hello Amitabh jee :
ReplyDeleteDepends on the opening tomorrow . Smaller time frames 2/5 min have gone flat and bullish while 30min/daily stays sell.
Spot prices have gone flat with 13/23 ema in smaller time frames while its trading lower in 30min daily charts. Spot prices have tendency to kiss their 13 ema and 22 ema at times. This transition can be spotted by bullishness starting from smaller timeframes and slowly creeping into bigger timeframes. If BHEL opens strong tomorrow, I am sure 30min can give crossver and bullish divergence pulling the prices up and up till 227. All depends on opening and first 15 min prices, If its strong PUT a stop loss rather than selling as expect prices ti hover higher and higher and if it opens weak , expect the early yoy exit ,the safer you are.
SS