Trade Summary : 18th Oct
*** INTRA-DAY TRADES *** *Buy 6100 Ce at 62, Sl 52, tgt 78.SL taken*Sell SBI at 3161, sl 3172. tgt 3141.Exited at 3168* Buy NF above 6046, sl 6027, tgt 6074Sl taken* Buy BN at 12338, sl 12290, tgt 12410.Tgt done. Bal Position carried forward* Buy NF at 6096, sl 6078, tgt 6124Exited 50 % position at 6119. Bal Position […]
Trade Summary : 14th & 15th Oct
*** INTRA-DAY TRADES *** * Sell Nifty at 6276, sl 6293, tgt 6250.exited position at 6258 with profit of 18 points*Buy 6400 Ce at 34, Sl 20, tgt 58.SL taken *Buy SBI at 3292, sl 3260. tgt 3363.Sl taken * Buy NF above 6210, sl 6199, tgt 6244Sl taken* Short BN at 12530, sl 12570, tgt […]
Order Flow System ( preview)
If you have watched this video, posted by Shai here then he has explained orderflow as nothing but the bid and ask prices and quantities which should appear in your trading software. The big question is how do you get those numbers you see to relect as a chart on your screen? Or how do […]
AXISBANK & ICICIBANK – weekend analysis
1. AXISBANK Results announced – Net interest income grew by 42.5% YoY during 1HFY11 on the back of 37% YoY growth in advances & Net profits grew by 35% YoY What happens after good results are announced? Markets starts thinking if this kind of YoY growth is sustainable & stock falls 6% in 2 days on […]
SBIN & HDFCBANK – weekend analysis
Posting weekend analysis of top 4 banks that make up 70% of Banknifty 1. SBIN: This week as someone in trading room put it ‘SBI was taken to the cleaners’. As I had mentioned last week 3266 was the level after which it would sharply rise & it did rise till 3320. And when that […]
VWAP modified code to remove the annoying lines
The last time I posted the AFL for VWAP for Weekly/Monthly timeframe here, there was some issue with VWAP lines abruptly going to zero before start of a new week/month. I used to find it very annoying and finally, I found the mistake in the previous code and fixed it. At the end of this […]
Levels for 15th Oct
The volume value areas for tomorrow are : Banknifty Future : 12785-12647-12630Nifty Future : 6270-6197-6195 …to be read as VAH, POC and VAL. Besides these have a look at the charts below 6138 acquires a lot of importance now and is a big support. .
Nifty does another 134 points!
Today I’ll let the charts speak ! These are profile charts and they record buyer seller activity. First a look at the Nifty action for today : Notice that once Nifty broke down below 6280 which was VAH, it didn’t manage to get above it. What it did was it stayed below yesterday’s VAH at […]
Charts for 14th Oct
The important levels for tomorrow’s action are already marked on the charts. All fut levels. Nifty : Bank Nifty : .
Trade Summary : 13th Oct
The webinar schedule has been updated to reflect Friday, 15th October, at 3.50 pm after the closing bell. *** INTRA-DAY TRADES *** * Sell Bank Nifty at 12528, sl 12562, tgt 12500/ 12470.exited position at 12542 with loss of 14 points *Buy Bank Nifty at 12562, sl 12528, tgt 12615/ 12700/ 12780.Tgt 3 done. *Buy […]