A very happy new year to all!
Here is the list for the day.
Apart from this it would be interesting to see whether NF reclaims and sustains 14000 today. Would give a great trade if that happens.
A very happy new year to all!
Here is the list for the day.
Apart from this it would be interesting to see whether NF reclaims and sustains 14000 today. Would give a great trade if that happens.
One trade triggered. It gave a great move. Traded one more scrip but that was outside the list hence not updating here.
There was only one trade that moved from my list but I did not trade as I follow rules regarding BO and pullbacks. It failed on one count and I avoided it. In hindsight the move was great and had it triggered as per my setup, it would have given a good profit.
My rule is: Never break trading rules! A missed trade is better than a wrong trade!
Here is the list for the day!
Will be continuing my daily blogs from today as was busy for the last 10 days due to covid positives in the family.
Here are the results from yesterdays list.
AP gave a good move in favor while HDFC Bank hit my SL and then moved up.
Apart from the list TCS was traded which really gave a good BO.
Charts below:
Asian Paints:HDFC Bank:
One trade was triggered from the list.
Escorts: Took a long when it was rejected from the 1350 levels. Trailed it for a while but no follow up buying came in at higher levels. Hit TSL.
Here are the results for the days trades.
Titan hit TSL and Baj Finsrv gave a good move. I exited early but am very happy that a few of the subscribers were able to ride the move till the top.
I am also including some old charts from earlier trades that I was not able to post on time. First will be todays trades, followed by the older ones.
Kotak Bank: I had posted the triangle BO in Kotak Bank during live mkt. But just posting the hourly and the 3 min here for ready reference.
Here are the stocks on my watch today.
I shall be posting the charts for the previous days trades a little later in the day.
We had 3 trades. 2 hit Sls and one was a scratch trade.
Maruti: This gave a BO alongwith heavy volumes and I entered at the break of the high after the pullback. However, it failed to move and hit the SL.
HDFC Bank: Posting 2 charts here for learners. One is the hourly chart that shows the support level at which the trade was initiated and the other is the normal 3 min chart.
TCS: Took 2 trades here. One is through the options route where we are long 2750 CE and short 2800 CE for a net debit of 20 points. The other was a plain vanilla BO trade. The BO trade had to be scratched as we ran out of time. It gave a 1 point loss on a lot size of 300.
None of the trades got triggered.
Asian Paints and Tech Mah opened above the entry levels and didnt provide the set up for taking a trade post the opening.