Re : Grasim

I’m planning to take 50 % profits of my position at 2617. Bringing Sl of remaining qty to 2549. .

Trade Alert : HDFC

Buy Hdfc in cash: Price : 2739Sl : 2719Target : 2788/ 2838 Reg Maruti : I am scratching out my short position at 1283. Will loook to go long at 1299. Will update. .

Trade Alert : Maruti

Our Trade from yesterday Grasim is holding up very well despite the weakness from the morning. Trade : Sell MarutiPrice : 1273Stop Loss : 1286Target : 1231 .

MP to the test

I have been severely handicapped by Viren’s absence from the blog. His regular posting helped keep the blog alive and not just in the contribution sense. As for me, I have been testing a new trading system over the weekend. This system involves market profile besides a few other tricks I have picked up over […]

Quick Update on MP levels

I’m not posting charts but just wanted to update on some levels I am watching. 5292 from last week worked like a charm and did a good job to slow down market action and the other Market Profile pivot of 5060 was reached today. Now 5110 ( Nifty currently at 5105 spot ) and 5135 […]