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amitagg
Black Belt
Joined: 01 Oct 2013
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Post: #151  Posted: Thu Mar 26, 2015 4:21 pm Post subject: |
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Not to confuse while I have given possibilities I am only intra day shorting today..... Till 6 ..... May just touch 3175-3185-3205 today
CMP 3230 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #152 Posted: Thu Mar 26, 2015 4:51 pm Post subject: |
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| amitagg wrote: | Just seeing the post ..... Did short staged till 3257 and covered 20 points down........ 3236-3269 was great supply level...... But luckily was busy otherwise would have shorted and have been stopped at he huge spike..... Never could have thought above 3330.......
Stop loss for intra shorts for others could have been 3270-3280.
....... Also let me add that I did short late yesterday at 3080 level and got out near cost...... Since have learned to not carry overnight and not be greedy and not imagine counter trend except when in midst of high profits .......which are coming at continuously reducing run rate......
Don't expect closing above 3257-3290 and hence can short intra all day.....preferably at high level.... ( it possible that if market is above 3185 it can consolidate at current levels and move up again).......for any short book when see profit and add another only higher that previous one........
( this is not to say that tomorrow or next few days may or may not be bullish )
Or long 3210-3230 similarly for small profits with stop 3180)
Or wait till 6 pm trade
These are alternate starategies for individual risk and trading profile
If there is a sudden 30-40 spike , sell the highs........with stop 3310
Cmp3240 |
3221-3230 buys could have given 15 points....... Did not try
3237 short gave 15 points down
Now again short 3245. Above previous short
Adding another at 3255.... Watching action if above 3270-3280 for square off. System entered stop 3310 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #153 Posted: Thu Mar 26, 2015 5:24 pm Post subject: |
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| Covered one 3247 and holding 3243.... Another short bid at 3278..... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #154 Posted: Thu Mar 26, 2015 5:29 pm Post subject: |
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| amitagg wrote: | | Covered one 3247 and holding 3243.... Another short bid at 3278..... |
Irrespective what happens intra profits shall cover loss for 2 open if 3278 goes.... With stop 3310
These days after big spike and cool down..... It comes to fabulous trading range..... But AT 11 pm it can be at 3270-3290 OR 3170-3180 NOT between .... Otherwise hoping to add to kitty on 3243 ( open) and 3278 ( bid not open) short ...... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #155 Posted: Thu Mar 26, 2015 5:35 pm Post subject: |
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| Covered 3237..... Some 15 point (net) more..... Now waiting for 3278 to go |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #156 Posted: Thu Mar 26, 2015 5:38 pm Post subject: |
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| amitagg wrote: | Just seeing the post ..... Did short staged till 3257 and covered 20 points down........ 3236-3269 was great supply level...... But luckily was busy otherwise would have shorted and have been stopped at he huge spike..... Never could have thought above 3330.......
Stop loss for intra shorts for others could have been 3270-3280.
....... Also let me add that I did short late yesterday at 3080 level and got out near cost...... Since have learned to not carry overnight and not be greedy and not imagine counter trend except when in midst of high profits .......which are coming at continuously reducing run rate......
Don't expect closing above 3257-3290 and hence can short intra all day.....preferably at high level.... ( it possible that if market is above 3185 it can consolidate at current levels and move up again).......for any short book when see profit and add another only higher that previous one........
( this is not to say that tomorrow or next few days may or may not be bullish )
Or long 3210-3230 similarly for small profits with stop 3180)
Or wait till 6 pm trade
These are alternate starategies for individual risk and trading profile
If there is a sudden 30-40 spike , sell the highs........with stop 3310
Cmp3240 |
3 trades after this post as below - earned 25 points only. (Net) ......now waiting for 6 pm after ...... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #157 Posted: Thu Mar 26, 2015 5:41 pm Post subject: |
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While I write price changes now cmp 3250..... Seems up from here to 3270-3280.... Lets wait..... I already told below... I am not taking any long trade...
One open bid short at 3278..... Now all 3 lots capital free available to buffer........ |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #158 Posted: Thu Mar 26, 2015 6:22 pm Post subject: |
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| amitagg wrote: | Not to confuse while I have given possibilities I am only intra day shorting today..... Till 6 ..... May just touch 3175-3185-3205 today
CMP 3230 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #159 Posted: Thu Mar 26, 2015 6:23 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | Just seeing the post ..... Did short staged till 3257 and covered 20 points down........ 3236-3269 was great supply level...... But luckily was busy otherwise would have shorted and have been stopped at he huge spike..... Never could have thought above 3330.......
Stop loss for intra shorts for others could have been 3270-3280.
....... Also let me add that I did short late yesterday at 3080 level and got out near cost...... Since have learned to not carry overnight and not be greedy and not imagine counter trend except when in midst of high profits .......which are coming at continuously reducing run rate......
Don't expect closing above 3257-3290 and hence can short intra all day.....preferably at high level.... ( it possible that if market is above 3185 it can consolidate at current levels and move up again).......for any short book when see profit and add another only higher that previous one........
( this is not to say that tomorrow or next few days may or may not be bullish )
Or long 3210-3230 similarly for small profits with stop 3180)
Or wait till 6 pm trade
These are alternate starategies for individual risk and trading profile
If there is a sudden 30-40 spike , sell the highs........with stop 3310
Cmp3240 |
3 trades after this post as below - earned 25 points only. (Net) ......now waiting for 6 pm after ...... |
6 pm after Rahul fired as well..... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #160 Posted: Thu Mar 26, 2015 7:10 pm Post subject: |
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rose to 3217 from 3177....did not trade long obviously.......
not out of woods....I will see whether closing is above 3247 or it moves below 3185 again.....possibly then....target 3155.... stop for any short should be 3270......likely consol and move down (NOT up) expected INTRA today......spike till 3230 - 3245 can come....I visualise possibilities and trade intra....for eg: if I see spike then shall sell 3235-3245......it if breaks 3185 then shall see pattern and short with small stop for 3155.
| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | Just seeing the post ..... Did short staged till 3257 and covered 20 points down........ 3236-3269 was great supply level...... But luckily was busy otherwise would have shorted and have been stopped at he huge spike..... Never could have thought above 3330.......
Stop loss for intra shorts for others could have been 3270-3280.
....... Also let me add that I did short late yesterday at 3080 level and got out near cost...... Since have learned to not carry overnight and not be greedy and not imagine counter trend except when in midst of high profits .......which are coming at continuously reducing run rate......
Don't expect closing above 3257-3290 and hence can short intra all day.....preferably at high level.... ( it possible that if market is above 3185 it can consolidate at current levels and move up again).......for any short book when see profit and add another only higher that previous one........
( this is not to say that tomorrow or next few days may or may not be bullish )
Or long 3210-3230 similarly for small profits with stop 3180)
Or wait till 6 pm trade
These are alternate starategies for individual risk and trading profile
If there is a sudden 30-40 spike , sell the highs........with stop 3310
Cmp3240 |
3 trades after this post as below - earned 25 points only. (Net) ......now waiting for 6 pm after ...... |
6 pm after Rahul fired as well..... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #161 Posted: Thu Mar 26, 2015 7:13 pm Post subject: |
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| also I would not want to give todays gain ....have had lot of intra trades as you can imagine if you include morning ones....which could not post.... and so shall be choosy and thin anyways...... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #162 Posted: Thu Mar 26, 2015 7:18 pm Post subject: |
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| amitagg wrote: | | also I would not want to give todays gain ....have had lot of intra trades as you can imagine if you include morning ones....which could not post.... and so shall be choosy and thin anyways...... |
I have seen decent upmoves EVEN intra in such set ups......so what I am waiting is "TIME".....also.....eg: after a certain time from now on....will it be UP or DOWN a certain level....I don't have the experience of posting charts in live commentary so cannot explain in detail.........I can possibly just watch the market and do nothing....which is a good thing as well. ..... have to take a break. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #163 Posted: Thu Mar 26, 2015 7:21 pm Post subject: |
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| amitagg wrote: | rose to 3217 from 3177....did not trade long obviously.......
not out of woods....I will see whether closing is above 3247 or it moves below 3185 again.....possibly then....target 3155.... stop for any short should be 3275......likely consol and move down (NOT up) expected INTRA today......spike till 3230 - 3245 can come....I visualise possibilities and trade intra....for eg: if I see spike then shall sell 3235-3245......it if breaks 3185 then shall see pattern and short with small stop for 3155.
| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | Just seeing the post ..... Did short staged till 3257 and covered 20 points down........ 3236-3269 was great supply level...... But luckily was busy otherwise would have shorted and have been stopped at he huge spike..... Never could have thought above 3330.......
Stop loss for intra shorts for others could have been 3270-3280.
....... Also let me add that I did short late yesterday at 3080 level and got out near cost...... Since have learned to not carry overnight and not be greedy and not imagine counter trend except when in midst of high profits .......which are coming at continuously reducing run rate......
Don't expect closing above 3257-3290 and hence can short intra all day.....preferably at high level.... ( it possible that if market is above 3185 it can consolidate at current levels and move up again).......for any short book when see profit and add another only higher that previous one........
( this is not to say that tomorrow or next few days may or may not be bullish )
Or long 3210-3230 similarly for small profits with stop 3180)
Or wait till 6 pm trade
These are alternate starategies for individual risk and trading profile
If there is a sudden 30-40 spike , sell the highs........with stop 3310
Cmp3240 |
3 trades after this post as below - earned 25 points only. (Net) ......now waiting for 6 pm after ...... |
6 pm after Rahul fired as well..... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #164 Posted: Thu Mar 26, 2015 7:25 pm Post subject: |
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wow......
just seeing somehow missed...strange....high is 3321 (1tf candle) .....OR 3368 (system value????).....if 3321....
[quote="amitagg"][quote="amitagg"]Just seeing the post ..... Did short staged till 3257 and covered 20 points down........ 3236-3269 was great supply level...... But luckily was busy otherwise would have shorted and have been stopped at he huge spike..... Never could have thought above 3330.......
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #165 Posted: Thu Mar 26, 2015 7:34 pm Post subject: |
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| final post for today - if anyone short intra or positional.....don't be if is hits 3265........above 3250 should create nervousness... |
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