31 st JAN :

NIFTY :

Make or Break Game is on...If we dont rush UP quick we will sink.
You know what I mean .

We need a quick pull back. Either by today or max by tomorrow.
If we don't get it , let the fireworks start !!!

Cross your fingers for a BLACK FRIDAY or BLACK MONDAY.
Mark My words.

SS

2:06 pm

NIFTY soaring down.
ICICI : Fantastic reults , beats expectations , clocks 52 year highs gives a 3 percent intraday swing anf finally ticking in RED , 1.5 percent down.
AXIS bleeding RED.
DLF sooner or later will join the RED Club.


Keep my Invite in your wallets.
Bear Party Tomorrow  Friday : 9 am to 3.30 pm IST.

SS

Trade Plan : FEB Series :

NIFTY : I have a strong feel bank nifty will sink it ending the bull run in times ahead.
               Trades cannot be based on feel so , trading Nifty is not in my list currently.
               Stocks giving better Oddzz.



ICICI Bank : This is a SHORT for me. I would attempt to catch FEB 1200PE in opening ticks today. Its a positional trade and willing to carry over for couple of days. Target is a quick slide minting atleast 50 points to downside. I repeat ATLEAST.

DLF : I am willing to trade DLF in short side.
          If prices starts ticking in RED , this one is going to be a great trade .

AXIS Bank : Let the daily MACD take a breather . Sharpen your knives before you strive this.

SS

30th Jan :

9:00 AM :  Want to Rape Rel Infra in each bounce .

9:10 AM : Nifty has potential to go bullish above 6062
All Shorters like me , Make it a SL and and give a attempt to long side , by reversing positions above 6063 to BULL SIDE.

Yeah I can be a BULL .
We are opening above 6065 , oh my god , expecting a Zoom Up in such case if price sustains.

GO LONG , CUT SHORTS

9:20 am 

I am into the Game :

NIFTY Long
RELINFRA Short.

Nifty SL 5050
5053 is 5 Ema in daily charts. Each tick above it is bullish.

RELINFRA SL as per your position size and capacity.


11:13 am 

RELINFRA @ Day Low
Abhi toh shurwaat hai ;)

11: 33 AM

Exiting from NIFTY LONGS.

Eagle Eye TO SHORT full throttle very soon.

11 :39 AM

SHORT NIFTY
Current Spot : 6056 SL day high

If prices dont bounce from supports (5 ema daily) like rocket  rather cling to it , very sooner or soon it has to be BROKEN.

I am into Nifty Shorts.
SL tights , 2 min macd can be a twister !


12:44 PM

Exit from rel infra intraday players.
Positional can hold


12 :52 PM

NIFTY SL should be conservative.
High chances we will be blown out.

Dont forget to reverse the trade to BULL side if SL hits.

1:13 PM

LONG NIFTY

Current Spot : 6056
SL : Day Low 6044
Target : 6100 +

1:41 PM

Grrrrrrrrrrrrrrrr

Close Longs.

Pack for the day.

Today's day would have been avoided for trading. Dead Moves in 20 point range.


SS

29th Jan :

Stay Tuned for the BIG ONE today.
Let go fishing and return with a whale in next 7 hours.

Warning : Weather is supposed to be extreme stormy , sharks are roaming around.

9:20 am

STARTING : Small quantity 6100 FEB PE @ 90
SL 82 (Aggressive Position hence wide SL)

9 :56 am :

Raising the mast , SL @ 87.95

10 :22 am 

The fishing rod is inside with the bait on ......safety devices intact ,

38 minutes remaining......

10 : 52 am 

Captain wants to be safe.
Sl @ Cost 89.95

11 :11 am
I want to SHORT
Current Spot : 6085
SL day high

Target : Super Bearish

11:21 am 

Classic way of WRITING higher call option.
I am confident enough in my trade.
Raced my positions.

Don't miss out the negative divergence in higher time frames with new high , 30 min
I will play to it.

See you later in the day when it goes RED

12 :02 PM 

Stay SHORT . I am . Any new high would be read as negative divergence in 2 min timeframe and I will hold on to my positions.

I am over aggressive on my trade and request weak hearted to refrain from my blog for couple of days.

12 : 47 PM

Get Ready for action in next 15-20 minutes.
Current Spot : 6102.5


1: 25 PM

Holaaaaa aaa  we are in RED .
We have fallen whoooooosh .

What a positive announcement by RBI
Technical s stays as bullish as ever.

Still why this RED after a up spike , and I was damn confident of it ??

1:40 PM

WELCOME TO THE BEAR RULE.
They are AWAKE !!!

Don't again let the idiot in you dominate , hold your positions overnight and catch the Reversal with Me

I have closed my shorts which were for intraday and held small quantity positional.
Positive divergence in 30 min


2:52 pm

Nifty is making a Wedge formation betwen 6050-6060 and I expect to bounce by 10-20 point by close. Close your shorts. Initiate FEB near 3:25 pm  positional.

SS

28th Jan :

11 :53 am :

NIFTY :  LONG Current Spot 6068
                 SL day low 6065

12:31 PM

Nifty Trade hit .
Not trading today.

Worthless day .

SS

Trade Set Up : 28th Jan

STOCK PICK : Sooner the later I will be trading RELINFRA (Feb Contracts) , will update as soon as I have the trade plan ready.

NIFTY : This is the most toughest index to trade currently. I am failing to get to a conclusion where we are heading to . I banged my head digging several time frame charts and the picture is utmost confusing every where.

Daily Charts : MACD  is posting Negative Divergence.
Channel Wise : We are super bullish trading above all major ema's.
Weekly Charts : Last week we ended with a hanging man candlestick (bullish reversal) and just respecting a very long term black channel (shown in chart). Weekly MACD is ultra-bullish and other channels , horizontal supports are set to make the ticks higher.

It usually ends up with a bad trade attempting to diagnose the movement in the middle of the channel.
I am not willing to trade Nifty. May be traders who have different set of trading techniques stand a better chance of speculating the consensus direction.

6055 stands as 5 ema in daily charts and macd there is SLIGHTLY in favor of bear's .
If prices start ticking below 6055 , I would attempt to give a close encounter shot ,of FEBRUARY contracts with tight stops.
Why ? Because in daily charts , there is a black channel (very long term) . If  prices fall back into it , a attempt is all worth for a bear market in near future. Don't want to miss the sail sitting at shore. If the tickets are cheap enough , why not take one.

JAN in the money contracts lures , but I am not comfortable to digest such volatile ticks in such event full environment and without a clear view of direction.

Pertaining to big event on Tuesday , Stop Losses should be very tight. Any overnight positions will again prove the idiot in you.

SS

25 Jan : A day of Self Belief .

10 : 55 am :

NIFTY : My RCG jee used to call it " Chal Chameli baag mein jhula jhulayenge"
Useless day to trade nifty , trade if you still enjoy riding a sea-saw in your playground.

Remember me when MARUTI flies sky highs very soon.
Stop Loss : RED
Target : New 52 week high
Safety : If SL is safe carryover next week .

COAL INDIA and YES BANK are way near my targets.
Both of them being contra trend trade.

I didn't use EW , Wolfe, Astro or complex tools/indicators/bollinger or even stochastic.

11:57 am 

SHORT LT
Current Spot : 1598.20
SL : Day high 1603

Close Encounter

12:22 PM

Now sweetly place your SL @ Cost in LT while maruti clocks higher ticks.

12: 41 PM

LT gets a HIT  @ Cost.
Let MARUTI trade running .....

1:55 PM

Zoom in STYLE.
MARUTI back in LONG TERM CHANNEL with ticking 1565 + now.
Empty your pockets ,Multiply your Long Positions.

Don't sell it at any cost today if prices stays above 1565.
Targets are beyond imagination  ;)

Make it your Fortune Trade .


3:00 PM


What a historic day in Trader's Life .
A day of confidence , a day of self belief.


MARUTI SPOT price @ 1 year high trading 4 percent  higher today.
Why on such a bullish day , coal india , yes bank are in red.
These are the only three stocks I have been posting here with charts since a week.

25th January 2013
SS

MARUTI Fail Trade ?

MARUTI : If you have been with me , where did we miss MARUTI ?
                  The trade was right , but the timeframe had the smaller channel dominant.

We missed this smaller channel and were paying attention on the longer ones.

A tick lower and the V shape recovery will be negated and the prices should be in hurry to touch the lower end of the channel.

If prices stay green from the opening till the end today , all possibilities of turning bullish again remains alive.
The bearish candle yesterday has put me in doubt .

My aggressive positions have been hit and if prices tend to rush to lower channel ,
Don't Forget to Pick it back near 1500.

SS

24th Jan :

10:16 AM

MARUTI TRADE : I am confident , if you are not , cant help.

SS

MARUTI TRADE 23rd Jan :

11: 13 AM

Anpad ho kya ?
I read it as Inverse HnS in MARUTI.
LONG it FULL THROTTLE.
SL Day Low
The Gap filling Shit seems to be over.

11:38 AM

Look out for Big Inverse HnS in 30 min.
Very Sooner or Sooner ,  BREAKOUT for Maruti looks certain .

1:43 PM

Stay Long in MARUTI
Hold your positions overnight .



SS

Technical Play 23rd Jan :

This one can turn out to be the BEST TRADE of the YEAR.
BET big with your head and PROVE today TECHNICAL MAKE MONEY.
Come trade with me .....

LONG MARUTI.
Current Spot : 1570
Stop Loss : 1549
Target : Sky Highs.

This is My Personal favorite CHANNEL PLAY trade and I will be aggressively playing it today.
Daily Chart Below is Self Explanatory.

Please Note : Every time I am using same set of tools ,same technique same approach. I wont bluff you messing things up sometimes with EW or Wolfe or Astro.
I just Believe Myself and the set of techniques I use in trading  .
Every success and  failure trade has a reason and those who analyze each at the end of the day have long way to go. This blog has no wonder a selfish reason attached to it as it acts as archive for my trades and  pulls up my analytic power.
 I have every reason why things paid me why it didn't . Get Yours !

The post can be written with adrenaline pumping in , but this is fatal while Real Time Trading.
Keep the brain ticking.

SS 

22 Jan :

9:10 am 

I am here .

9:26 AM :

SHORT LT
Current Spot : 1565
SL : Day high

9:38  AM :

Those who had missed.
Perfect time to trigger SHORTS in COAL INDIA.
All bets should have a strict close SL , 353.65 (today high)

The bet has to roll out with the assumption 30 min MACD cross will fail to eventualize.

10:06 AM 

This is sole reason why My guru . my motivator Wave Rider defines market as "Pinless ATM"
Look the fake dead cat bounces by Yes Bank. LoL

I am positionless in Yes Bank , and I advice to NOT short it until and unless you see negative divergences in smaller time frames. The script has potential to fly sky high above 526

Meanwhile : COAL INDIA is back to red ;)

10 :20 AM

NIFTY FULL THROTTLE SHORT.
6200 PE @ 106.50 SL 100.50

11:51 am 

Dead , Boring Markets today.
What's up on tv today ?


1:12 pm

YES BANK after fooling around is RED
COAL INDIA IN RED
NIFTY 6200PE @ 125 bought at 106.50
LT CRACKED in RED

What else you want from the blog ?
I can't credit direct cash in your bank accounts :D

2:15 pm :

Everything is cracking .
Its your call to wait more or wind up. I am winding up shortly , tomorrow a new day.
While the folks on tv crib louder , lets go sailing , play golf party hard !


SS

21 JAN :

12:05 PM

Good Afternoon idiots who missed my YES BANK and COAL INDIA.

3 :30 PM :

See you all tomorrow LIVE .
Was busy today , hardcore trading.

SS

JACKPOT TRADE :

Such evident chart patterns are Rare.
Every things tells just a one direction .

This can be one of those trades that can pull your capital from dearth to sky highs.
Would not be a smart choice , to bet with current month options.
Find next month contracts , may be out of money options will do or better bet big with Futures.

I want to SHORT COAL INDIA.
Current Spot : 354.80 

Here is the Daily Chart which Invites you to  create short positions.

Close below : 5,13,22 EMA
Close below long term black trend line
Yellow rectangle mirrors clean HnS pattern.
Club all with falling MACD (Going below 00)
RSI has much room to drift to selling side

I don't see any reason why the prices wont rush to kiss the lower end of the Blue Channel .
Target : Below 335

Knowing the direction of the trade has never been a tough job.
Choosing your vehicle of trade , balancing the greed with perfect risk reward ratio's , timing of initiation of trade to closure of trades , SL adjustments and Confidence is what marks an EDGE of your's over million others.

SS

18th Jan :

FRIDAY :  Lets make it Large .

Stay Tuned for my " Keh ke Lunga "Trade .

I have been posting about HDFC bank since few days from now.
Today is the day to Trade it.

I name it as " Keh ke Lungaa Trade "

9:19 am

Better Odds YES BANK.

SHORT YES BANK.
Current Spot : 522.50

9:27 am

NIFTY 6200PE @ 133 Traded

9:38 am

Nifty hit @ 129

9:44 am

YES BANK SL @ day high spot 526,45

10:01 am

Racing up positions in YES BANK SHORTS.
Hard SL @ 526
"Keh Ke Lunga Trade "

10:19 am :

If we go below 519 quick , positive divergence will appear in 2 min , I will close positions if we go quick. If we go swiftly , My target is much lower ;)

10:24 am :

I am 10 percent UP in positions in YES BANK , but I am placing SL @ Cost of my option price.
I am aiming for 100 percent lol...

SL Becase keh ke leni hai kisi bhi haal mein deni nahi hai ;)

1:09 PMn

You can be none the less an  idiot to miss a big  HnS in 2/5 min in YES BANK.
Target is below 500 .
Stay SHORT. Initiate SHORT  

1:27 am

By the way HDFC bank has cracked . I was talking about its breakdown since a week. Finally results must have triggered it.


SS

17th Jan :

9:10 AM

Few lines from the post what I posted on 15th Jan :


NIFTY :   Sharpen your swords , strike below 5980
                 ONLY below 5980 , I see a trading opportunity for shorts , above it BULLS RULE.
                 Playing the re-entry into small channel , if prices drag.

9:43 am : Please close YES BANK. It has clinged above the channel and not ready to come down. The 30 min MACD has taken a U turn . I have closed my positions.

9:51 am

LONG MARUTI.
KANGAROO TAIL IN 30 MIN.

1500CE @ 43.50 Aggressive Longs

SL as per your capacity and confidence on the trade.

10:25 am

Kangaroo in 2/5 min in MARUTI.
SL @ 1506.25 (Option price 37.5)

10:36 am :

Inverse HnS in 5 min and 30 min bullish macd cross possibility.
Hold your horse. 


SS

16th Jan LIVE :

9:36 AM

YES BANK :

520PE @ 8 (Traded)
Stop Loss 6.95

9:40 AM :

Rest THE BIG order you see at 8.60 is MINE.

9:45 AM

Traded ALL,
SL @ Options day low @ 6 . The SL seems wide but my target stays 20+..I am comfortable with this SL.

11:02 am

Steam is picking to upside in YES BANK.
Wide SL was chosen as pre results , the turmoil is acceptable.
Most Analysts recomending BUY on YES Bank.

What should I do ? Should I cut my position ? Is it fearing me , my large positions can see the trash ?
My SL should answer this , not me !

I have moved my SL @ 7 now.


11:34 am 

Even Bestest of results from Yes Bank , should call for a SELL OFF.
Buy the Rumour , Sell the News , May be .
I only bet as it's the Nifty mood  that particular day which sometimes decides the fate of prices post result

5 min MACD is on a fall , posting a neat negative divergence on the last high made.
30 min MACD too looks like peaked up and if magnified the last high there as well marks a negative divergence. A cross to down and bhooom to down (result can trigger it)

GoodLuck Yes Bank and all those analysts on cnbc , ndtv who have chosen a long trade on it today.
I am SHORT.

12:02 pm :

I call it HnS in 2 min , 5 min whose breakdown will be triggered with MACD crossover in 30 min and all that trigger should come from results.

Am i thinking just in direction of my positions ?
SL @7 is tight . Markets are Supreme.

12: 30 pm

The break down has STARTED.
Results are out I think
Hns has BROKEN down.
30 min MACD has triggered a bearish cross.

We are below 520...My target stays below 500. Hold it for tomorrow  if not today.

My hair tweaks that have went white, spending years in trading are proving their worth !

SS

Trade Set Up 16th Jan :

YES BANK : Quarterly Results Today.

Lets Play a fun Game here :
I have a clue : Guys Please give in your inputs , what can happen Next , Why it will happen , Best Odds to trade,Trade plan for today for Yes Bank , etc....

Only Hint I am giving here is :

SS

15th Jan :

9:10 am :

LONG BHARTI AIRTEL at the opening tick , get lucky , buy in red and sell in green.
See you at 10 am. I am expecting Bharti should pick steam very  fast to roar above 330-32 by 10 am

9:25 am
What happened in these 10 minutes ?
Opening : RED
Low after Opening : 326.30
After 8 min : 333.70  ( Roaring above 332)

9:41 am :

BUY MARUTI
Current Spot : 5554
SL 5550

9:47 AM 

BUY ICICI BANK
Current Spot : 1180.20
SL 1175
Target : Astronomical


10: 15 am

LONG SBI
Current : 2495
SL 2486

10:30 AM

Close All LONGS.
My SL hit in SBI.

SHORT NIFTY
6100PE @ 92.50
SL 89

10:34 am

Race your NIFTY SHORT POSITIONS.
All Chips In.

Very Close Encounter.
6100pe @ 92.50
SL 90 (Hard)

10:38 am 
Buying MORE and MORE  6100PE @ 91.40
SL HARD @ 89.90 trigger , price 89.70

Close Gamble


10:53 AM

Save your SL somehow.
Adjust to your capability,

I am saving best of it.

See you all when it goes RED.

P.S. My SL adjustment is in confidence until 2 min MACD is cleanly falling.
Bigger time frames 30/60 min will pull the price back but 5 min chart has joined the falling team.

My all bets are running that the bearishness will eventually creep from smaller time frames to bigger time frames.

I am ready to pay a bigger penalty but I am into SHORTS . NIFTY SHORTS

11 :30 am

Figure a doji in 30 min chart. Last Candlestick.
2 min frame is on with Negative Divergence
5 min has surrendered to bulls.


Then why to get afraid ?
Get a strong cofeee or raw scotch and relaxxx !!!

Make SL @ 6039

11:57 AM

Each high is getting into Negative Divergence in smaller time frames.
I am into mood today. Wont leave TECHINCAL'S in background.

All positions will be cut Solely based on MACD and we look good looking at 2/5 min frames.

Penalty can cost heavy , but today is the day , a technical trader should prove his worth.
I am eyeing a quick dip below 6000 , may be till 5985.


The extension of SL has to be made as bigger timeframe are yet bullish.
But , they can't be forever.
Any threat to bigger time frames is always gated through smaller time frames and they have marked the BEAR entrance.

Recent high would be my ULTIMATE SL (6041.15)
This is the last dance before MACD in 2 min would dip below 00 and then falls are quicker.

12:21 pm :

Stay SHORT


1 : 15 PM :

NIFTY IN RED.
We have FELL .

From where I get such immense confidence ?? If you have missed something , read once more since morning.

I am not a magician . I am not a punter.
I am just a believer :

"Mathematics is whole world and whole world is Mathematics"

Only Positional Call HDFC is on fall.
BHARTI made the morning with the HIT.
ICICI has went into its astronomical zone.
MARUTI shooting up
and yet NIFTY sinked.

If you still beleive these a co-incidence , make sure this is your last visit to the blog. 
It will save your much valued time


SS

15th Jan :

NIFTY :   Sharpen your swords , strike below 5980
                 ONLY below 5980 , I see a trading opportunity for shorts , above it BULLS RULE.
                 Playing the re-entry into small channel , if prices drag.

I am not focused to trade long side Nifty . Such overtime bullish trends are thrashed by a severe fall ,anytime.
I have no clue will RBI do it for bear's or it will come in the name of Profit Booking.
But I am certain , it will quick one day. Severe one.

Yesterday I picked Bharti for longs , why ?
Nothing is as Hot as Banking/Reality currently.
I was avoiding any trade on Banking/Reality Sector . Will try to follow today ,the same strategy. I don't like quick in out of money.

 I like slow moves , gradual moves , sweet moves , dancing to the technical s , giving the proud feel tick by tick , second by second and SL trails .


SS

14th Jan :

Happy Makar Sakrant.

10 :00 am

What waiting for ?
SHORT HDFC BANK
Current Spot : 669

10 : 04 am

Want to play a quick y trade ?
LONG SBI Current Spot 2480
SL Day low.
Positive Divergence in 2 min

10:14 am 

Hahaha See SBI , In Green
2503 now
10 minutes 23 rs rise...

Believe Yourself , the 8th wonder is in You !

11:02

SHORT RELINFRA
Current Spot 542
Reason , will tell u shortly.
Shoot the order who trust me.

11:20 AM

BUY BHARTI AIRTEL
Current Spot 328.35
Playing on EMA crossover starting in 2 min and positive MACD in bigger timeframes,30 min

11: 35 AM :

Why HDFC is trading down
Why SBI went UP
Why RELINFRA is trading down
Why Bharti just made new day high

Why all four bang on ?

May be because I have never visited Tirupati in my life.
I am just believing in myself and things paying off with time , patience and some hard work.

12:17 pm
Confidence is what makes a Man , Over Confidence is what breaks a Man.

I am closing BHARTI position in loss. I doubt a HnS formation in play in 2 min
Confident on HDFC
And SL tight in RELINFRA


See you all tomorrow at NASDAQ first tick ;)

1:36 am :

Cant Resist.
Inverse HnS in BHARTI in 2 min charts
MACD stays bullish in smaller and bigger timerfames.


All pockets , shed your worth
LONG BHARTI AIRTLEL
Current Spot 328 
SL 327
Target 331



SS

Trade Set Up 14th Jan :

NIFTY : I am indecisive. I am not willing to trade for a direction . Falls are too slow , the 5 ema in daily charts is getting lifted up each day. That's the classic indication of uncoiling of spring to upside. Yet , I am in doubt. LONG trades , my guts not allowing to go for it.
INFY results could not lift the market up and the way Bank Nifty has cracked down on Friday  wait and watch mode should be the game.

Desperate Traders would pay the price.

STOCK PICK : HDFC BANK
Banking is cracking .
I will like to SHORT IT . Options here are dry , will have to use futures for this.
Close below 5 ema in daily , MACD calling shorts and close below trend line .

Hard and Very Hard SL @ 680 and a Quick Reverse trade to LONG SIDE above 680
It should mint money either ways for me , I will start with SHORTING it , everything to me says to short ,moreover big HnS in 5 min is not to be missed for a bet.

SS

11th Jan :

INFY number beats markets expectations .

Wait , Wait and wait before Market settles.
Guidance yet to come.

8:57 AM : 

Can't shy away trading a IT stock today.
Watch me trading TCS today.

9:29 AM

Stay SHORT or fresh SHORT MARUTI
Current Spot 1569
SL 1573

Close Encounter


SS

10th Jan :

9:10 AM : Pre-Opening :

NIFTY :  SHORT at the opening tick.

I don't like green.

SL something like 6018 ( Using such  SL , go for 6100 PE)

9:20 am 

SHORT TATA MOTORS.
Enough. Hata saawan ki ghata....
Current 334.20
SL : 336
Target : 326

9:24 am :

Thokkko NIFTY
Current 6001

9:31 am :

Nifty SL @ 6001
Bye Bye 6000
'
9:48 am :

Trade the Pro Way.
SL safe @ Cost 5999
I am aiming 5941 , neat 60 points from here.
Join me ! Its not late yet

10:09 AM 

SHORT MARUTI
1600PE @ 39
Current Spot 1583.50

10:32 AM 

MARUTI Current Spot 1579.65
Shoot your SL @ Cost

10:35 AM

TATAMOTORS lets raise the SL @ 339
Target 326
Bet on Negative divergence coming in 2 min charts and 30 min MACD peaking up
P.S. ( Safe traders should refrain , never a good idea to trade against a stock making higher highs)

10 :40 am :

NIFTY in RED .
;)

11:04 am:
SHORT each rise. Each fake rise.

11:43 AM
Its a V shape fall . Stay SHORT FULL THROTTLE .Nifty



SS

Trade Set Up 10th Jan :

NIFTY :

SHORT each rise.
First Target remains as 5941 (13 ema in daily charts)
And then 5921 (22 ema in daily charts)

Below 5921 , shoot a FULL THROTTLE SHORT with SL 5922

Daily Chart below is Self Explanatory :

Tomorrow are Infy Results .
Will history repeat ? Stay on back-foot for longs.

SS

9th Jan :

All Set ;)

10:00 am

SHORT ICICIBANK
Current Spot : 1179.40
SL 1181

Close Encounter
(Bets in favour of HnS in 2 min  )

10:23 am

SHORT NIFTY
Current Spot 6009.70
SL 6013

Close Encounter

10:45 am

Racing up my positions in Nifty Shorts .
Current Spot 6013
SL raised @ 6016


10: 53 am :

Lift the SL more . New high is under Negative Divergence by MACD
Lets keep it 10 points above.
I am eyeing a sure shot dip below 6000
10 point SL is not bad enough.

11:07 am

All Chips in with Conservative SL.
NIFTY SHORT with SL 6021

11:30 am

Nifty High Made stands my ultimate SL now.
Its under Negative Divergence Man,,,,,,,,,

The trigger should be pulled now.............GO RED 


12:11 am 

NIFTY WENT RED.
below 6000

I was in full throttle shorts.
From where I draw such immense confidence ?
Certainly Not from worshiping God in the morning.


SS

8th Jan :

10:07 am : 

MARUTI 1600PE @ 39
Current Spot : 1588

10:31 am :

SHORT TCS 1300PE @ 39
Current Spot 1300

10 :35 am :

Maruti SL @ 38
TCS SL @ 37 (If traded , order placed currently)

10: 56 am :

TCS might hit the SL.
Dont miss this one :

SHORT ICICI BANK
Current Spot 1175
Hns in 2 min , 5 min and 30 min MACD already bearish.

SHORT FULL THROTTLE ICICI BANK

11:24 am

Enjoy the MARUTI ride.
Book it @ 1569


12:25 pm

Enjoy the new ICICI Spot intraday Low.
Maruti  giving a money spinner slide
And TCS trading at 40 + currently bought at 39.

All a great day.

Rest ride the vehicle on your own.
I am signing off for the day.


Good Night.

SS

7th Jan :

9:50 am :

Nifty : No No .

Eyeing to Short LT.


9:56 am : SHORT LT

Current Spot   1615.70
SL 1621

10 : 30 am :  Current LT @ 1611
Stop Loss @ Cost Now.

Some coffee now ? I prefer a strong one !

11: 00 am : Brave Heart Trade :

SHORT NIFTY
Current Spot : 6025
Stop Loss : 6027

Close Encounter

11:05 PM

Shrink your balls and throw the chips in...
SHORT FULL THROTTLE SL 6027

11:19 am :

NIFTY SL @ Cost
LT SL @ Cost

Both at day's Low.

12: 05 pm : 


Kaali mitti kutta kaala
Kaala bilkul surme waala
Kaala kauwa, hauwa kaala
Kaala baadal girne wala
Kaala moti, girne wala
Kaala jhanda, danda kala
Kaala batwa, paisa kaala
Kaali aankhon jaisa kaala
Kaali agni
Kaali garmi, suraj kaala
Kaala beegha aur gaj kaala
Kaali hathi hathi kaala kaala…
Bairi coal coal coal, chheene tol tol tol
Bairi coal coal, chheene hole se tol


"Stay SHORT"

12: 31 PM :

LT Current Spot : 1602
Book it when spot hits 1592-1595
Till then Stay Short.

Nifty : Stay Short

SS

How I Calculate Stop Loss :

This is the ace question ever asked to me  .
This is the Oxygen of your trading career.

Those who ever thought on this , have a long way to go.

My views are personalized based on my individual style of trading :
Please take the note as inspirational , blindly following the suit can be hazardous if it does not suites your personal style of trading . No wonder , you can be having a better style than me , but here goes mine...

First SL depends on the TIMEFRAME I am trading .

Lets take it for INTRADAY.
If I am trading in the morning and willing to clean it off before the close ,

My intraday trades are based on 2/5/30 minute charts and MACD.
My entry and exit points are determined by 2 min chart.
2 min MACD
2 min RSI
Rest 5/30 min chart are used to to assure the direction of the trade.

Ideally a trade based in  MACD has to have a SL based on MACD itself. But I find it tough ,it becomes difficult for me to sync the price with MACD moves. Sometimes degree of movement is too large before any  decisive MACD move. This wipes of capital as it demands SL to be to wide.

I aim at CandleSticks of 2 min.
My intraday trade SL are based on candlesticks formations. A engulf , a doji , neckline ,head of Hns are usually my SL.
Moreover MACD cross in 2 min where I brutally press the SELL button. It has to be referenced from 5 min and 30 min charts as well. Its a not so easy job.

But above all , SL placement should have the highest priority according to the risk appetite .
Sometimes , I place logical finance calculative SL's.
If I am aiming at 100 percent appreciation trade , 40 percent is my SL. It can be trailed backwards or forward as the candlestick and MACD print in 2 min charts.

If aiming at 4 cents of profit , its a literate way to put SL @ 2 cents. You cannot place SL at 8 cents when eyeing for 4 cents of profits. MACD based SL often give this unwanted picture , hence I mostly keep my SL based on 2 min candlesticks.
Else blindly financially calculated logical SL.

Medium Term Trades SL identification :

TRENDLINE
CHANNEL
Daily CandleStick
MACD
And a logical financially calculated SL always hits the bulls eye.



A trader who does not spends 70 percent of his time adjusting the SL of a already traded position , he or she is likely to fail in near time.

That is the sole reason , I cant roam around market hours . I am busy tick by tick in 2 min charts , My SL move a lot and lot during a trade.

SS

Trade Plan for 7th :

I am indecisive. I dunno where Nifty is heading. We are in  middle of channel .
Momentum ,Charts favours BULLS all the way , but wait stop and think before trading.
Markets move in the most unexpected direction. All the time.
Ain't they ?
Its false they move to the least resistance path , they move to the most unexpected path .
Everytime.

I will not be trading Nifty.
Even I do so , it will be a quick in quick out kind of stuffs. Falls are sluggish , pulls are quick.
Too tough.

Meanwhile sharpening my knife for some Stock Specific Action today.



SS

4th Jan :

Hi All ,

It was New Year's time , was on holiday .
Out of touch.

Don't want to trade anything in desperation . Looking at the Market conditions , its no wonder wait and watch mode.

Monday Onwards , find me LIVE in Action in full swing.
Till then , lets gauge what's cooking .

SS

3rd Jan :

Looks like a Zig Zag day.
Staying away should be the better choice :)

I have fixed set of rules for analysis. You will find me using same set of charts , same indicators and same technique to judge trades.

I don't come up with different approaches for different trades. I know only one way and if doesn't works , I stay out rather trying anything new. Because I believe Myself.

Apna bhi tym aaega ;)

SS