charts
Nifty : Bank Nifty
Positional Update : 2/12/10
*** INTRA-DAY TRADES *** * Buy BN 12455, sl 12399, tgt 12540Booked profits at 12500 and 12540 Nifty total points : points.Bank Nifty 85: points. ———————————————————————— *** NEW TRADES **** Buy 6100 Ce at 71-74, sl 49, tgt 113———————————————————————– *** OPEN TRADES *** STOCKS * Buy Dr Reddy at 1742-1240, sl 1680. Tgt 1820/ 1880. […]
Normal Day
One of the major advantages of trading the markets through the market profile is to recognise the kind of day developing and positioning your selves accordingly for the market action. We had a normal day today. Recognizing it early helped save a lot of frustrations and un-necessary trades. Very early the longer time frame seller […]
charts
Bank Nifty : Nifty :
Position Update : 1/12/10
*** INTRA-DAY TRADES *** * Buy BN 12235, sl 12210, tgt 12300Sl of 25 points taken. Nifty total points : points.Bank Nifty : points. ———————————————————————— *** NEW TRADES *** ———————————————————————– *** OPEN TRADES *** STOCKS * Buy Dr Reddy at 1742-1240, sl 1680. Tgt 1820/ 1880. *** POSITIONAL INDEX TRADES *** * Buy Mini-Nifty 5870-5875, […]
Swing Low Musings
On Sunday Midnight before the asian markets got underway and well before the Nifty open, Shai had posted a chart of the McClellan index in his weekend post here. Here is the chart again for reference : I quote from his comments : “the indicator is getting extremely oversold which means you have to be […]
Nifty hits weekly POC
The market opened on a strong note this morning and was quick to move above yesterday’s value area high setting up a long opportunity for a target of weekly POC around 5975. In my post on Monday I had hinted at the possibility of the level of 5868 being a turn level annd setting uop […]