A new month begins!

Wishing you all a profitable month ahead!

Looking at the long weekend and today being expiry day, I feel that we may see a volatile session today. Be careful and control position size to be on the safe side.

Results 30th Sept 2020

No trade in Biocon.

Traded NF and HDFC Bank. Gave good moves. Took a small position in Reliance cash where I got stopped out. I am not attaching the chart for the same as I took the position near the bounce from DL and had kept DL as the  SL. 

NF I traded the rejection at the BRN 11200 as it gave me a nice R:R trade. Got stopped out in the second TSL.

HDFC Bank I took the small range BO at the DH and part booked at 1% and the remaining postion got stopped out at TSL. This is not a very easy setup to trade hence the position size is always small here.

 

NF

HDFC Bank

List for 30th Sept 2020

Nothing in my stock list is showing promise of giving a trade with a favourable R:R. So just going to keep a watch on Biocon.

Will be actively looking at NF/BNF for intra trades. If nothing comes up, it will be a trading holiday for me today!

Results for 29th Sept 2020

Here are the results of the watchlist today.

Heromoto was a wrong trade on my part. I am posting this specifically to drive home the point as to what happens when we break our own rules. It took 16 points away and gave me a bad start to the day. Needless to say, this affects the psychology of a trader in the next trade as well. My next trade was in Relaince and was a winner but I had to cut down my position size and could not reap the full benefit of the move in Reliance just because of the SL hit in Heromoto.

In the second half Reliance gave another long entry that moved well. This setup is very different than the one that I normally trade and is a bit riskier as well. Thats the reason I traded small quantity with a wider SL. The SL can always be trailed once the trade moves in our favor. All in all a mixed day. 

HeroMoto

Reliance

List for 29th Sept 2020

Here is the list for the day. Not too many stocks giving confidence today to trade. Will watch these 2 and few heavy weights like Reliance / HDFC Bank as well to see if I get a favourable trade. 

NF and BNF may move in a range as per my study. Overall picture is bullish unless the closing gives us a surprise.

Results for 28th Sept 2020

It was a trending day today. Specifically the BNF move was one sided with great volumes. 

Managed to get one move in Kotak Bank and booked around 1%. Had posted the trade on twitter and I hope some were able to benefit.

Bajaj Finance gave the fastest and biggest move from the list today. Unfortunately the pullback came too late and I couldnt trade it. It was the biggest miss of the day. Doesn't matter, we live to fight another day!

Kotak Bank

List for 28th Sept 2020

There was a bounce from the lows in the market after almost a week of downward move. I shall stay on the sidelines to see whether we resume downwards after a little sideways movement or are we going to make a bottom and go upwards. I am not into the guessing game and like to listen to what the markets will tell me!

These are the stocks that are going to be on my radar for tomorrow. Since I dont know whether the markets have paused or resumed an uptrend, one will have  to be quick in the trades as and how they trigger. I shall be aggressive in trailing my stops to ensure protection of my capital incase there is a strong reversal!

Results for 24th Sept 2020

 There were no trades for me today. The only stock that did cross my levels was Reliance, but the moves did not give me the set up that I trade. I prefer to sit out for the entire day when I dont get my set up for a trade. I never chase a trade. I used to and the consequences are disastrous.

It was a hugely trending market today. I traded NF and BNF. 

List for 25th Sept 2020

 Here are the stocks on my radar today!

Results for 24th Sept 2020

Here are the results of the list for 24th. It was a good day after 2 days of no trades. Captured good moves in Titan and Ultracemco. ICICI Bank and Reliance also broke their respective levels but gave no setup for me to trade.

Titan

Ultracemco

List for 24th Sept 2020

 Here are the stocks on my radar today.

Will be again keeping an eye on BNF as it has taken support once more from the 21000 levels.

Results for 23rd sept 2020

 No trades got triggered today.

BNF has once again taken support at 21000. For 2 days now it has breached this level and bounced back. Still no clear trend signaling that we have made a bottom as it broke PDL with volumes. Lets see what we have in store for the monthly expiry tomorrow.

List for 23rd Sept 2020

 Here is the list for the day.

Also keeping an eye on BNF as it has taken support yesterday from an important level. Remains to be seen whether it launches itself from this level higher or does it break down. Today should be interesting.

Results for 22nd Sept 2020

 There were no trades that were triggered today.

All the 3 trades on the watchlist did break the levels but there was no pullback and follow through for me to take the trade.'

List for 22nd Sept 2020

 Here is the list for the day. It will be interesting to note whether we see any follow up selling today after the deluge yesterday.

Results for 21st Sept 2020

 There was 1 trade that  was traded today. One didnt break the levels. One did break the level but I couldnt get the setup that I trade.

Traded HUL and took 1% profit. It is these days that I wish I was trading more than one lot as then it is possible to do part booking and could have trailed the other for a better profit figure. :-)

HUL

List for 21st Sept 2020

 Here is the list for the day. The list today is for stocks at their important levels and I shall be watching these levels for a trigger for a short/long trade.

Results for 18th Sept 2020

 It was a cracker of a day! Wild moves in BNF/NF which started off with a steep sell off!

Got a lot of trades triggered. SOme hit SL and some gave profits....all in a days work!

Apollo Hosp

Bajaj FinSrv

SRTransFin

Kotak Bank

Bharti Airtel

List for 18th Sept 2020

 Here is the list for the day:

Results for 17th Sept 2020

 There was not a single trade that got triggered today! Second consecutive day of no trading!

List for 17th Sept 2020

 Here is the list for the day. Apart from this list I shall also be keenly watching the IT space to see any new 52 week high / ATH being crossed. There is momentum in the sector and can throw some good trades. Would be watching Tech Mah and TCS specifically.

Results for 16th Sept 2020

 There were no trades that were taken as the setup was not available for the same. Reliance did manage to break the level but the pullback did not have the follow up.

List for 16th Sept 2020

Yesterday we have an ID in BNF/NF......chances of a trending day today are high. Will be watching for a safe trade on the same today apart from the list given below:

Results for 15th Sept

 Results

2 trades were triggered out of the 3 on the list. Titan gave 1% return and Kotak Bank hit TSL and the move that I was waiting for came much later in the day.

Titan

Kotak Bank

List for 15th Sept 2020

 Here is the list for the day:

List for 14th Sept 2020

 Here is the list for the day. Just 2 stocks today...will be concentrating on NF/BNF today as well.

Here are the results for the day:

There was a great move in TCS though I exited at 1%, there could have been more that could have been booked. The overhang of the SL being hit in Reliance made me take the profits off the table. The BO in Reliance failed to move and hit the SL.

Reliance:

TCS