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Intraday Trading Strategy |
vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #1366 Posted: Tue Sep 06, 2011 1:05 pm Post subject: |
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vinst wrote: | today missed first short of NF.
now shorted at 4990 |
booked half at 4970 |
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vinay28 Black Belt

Joined: 24 Dec 2010 Posts: 11748
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Post: #1367 Posted: Tue Sep 06, 2011 1:08 pm Post subject: |
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Careful vinst. Sl is 4999 and may be hit soon like yesterday |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #1368 Posted: Tue Sep 06, 2011 1:45 pm Post subject: |
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vinay28 wrote: | Careful vinst. Sl is 4999 and may be hit soon like yesterday |
SL hit, still didn't lose overall, though missed 1st short. |
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rk_a2003 Black Belt

Joined: 21 Jan 2010 Posts: 2734
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Post: #1369 Posted: Tue Sep 06, 2011 2:05 pm Post subject: |
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Vinst!
Eventhough This thread is named as Intraday Trading Strategy :Apt name would be 'Opening range Brake out strategy'.
In my opinion this strategy is best suited for opening range brakeout .Second time entry is not advisable.
If already you booked profit first time you may take a chance near stoploss for second time in which case you will be in over all profit even s/l triggered.
You may have a diferent opinion, still I prefer to share my opinion. |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #1370 Posted: Tue Sep 06, 2011 2:18 pm Post subject: |
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rk_a2003 wrote: | Vinst!
Eventhough This thread is named as Intraday Trading Strategy :Apt name would be 'Opening range Brake out strategy'.
In my opinion this strategy is best suited for opening range brakeout .Second time entry is not advisable.
If already you booked profit first time you may take a chance near stoploss for second time in which case you will be in over all profit even s/l triggered.
You may have a diferent opinion, still I prefer to share my opinion. |
i did exactly the same. 2nd time shorts were taken in 4440-4995 range.
in fact mkt is still in downtrend. i took another short at 5028 and closed at 5010. |
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solanki White Belt

Joined: 12 Feb 2007 Posts: 155
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Post: #1371 Posted: Tue Sep 06, 2011 2:48 pm Post subject: NIFTY INTRADAY CHART |
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AS PER NIFTY CASH CHART I BOUGHT NIFTY PUT 4900 50x98.00 & SOLD 50x120 AND BOUGHT NIFTY CALL 5000 50x113.70 & SOLD 50x140 INTRADAY CHART ATTCHED
Last edited by solanki on Wed Sep 07, 2011 10:17 am; edited 1 time in total |
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solanki White Belt

Joined: 12 Feb 2007 Posts: 155
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Post: #1372 Posted: Tue Sep 06, 2011 2:50 pm Post subject: Re: NIFTY INTRADAY CHART |
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solanki wrote: | AS PER NIFTY CASH CHART I BOUGHT NIFTY PUT 4900 50x98.00 & SOLD 50x120 AND BOUGHT NIFTY CALL 5000 50x113.70 & SOLD 50x140 INTRADAY CHART ATTCHED |
NOW NIFTY CALL4900 HIGH 163.00 NOW CMP 155 |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #1373 Posted: Tue Sep 06, 2011 2:59 pm Post subject: Re: NIFTY INTRADAY CHART |
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solanki wrote: | AS PER NIFTY CASH CHART I BOUGHT NIFTY PUT 4900 50x98.00 & SOLD 50x120 AND BOUGHT NIFTY CALL 5000 50x113.70 & SOLD 50x140 INTRADAY CHART ATTCHED |
Good show !
How come the candles seem to be so smooth? Are they modified candles? like heikin ashi?
Last edited by vinst on Tue Sep 06, 2011 3:27 pm; edited 1 time in total |
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solanki White Belt

Joined: 12 Feb 2007 Posts: 155
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Post: #1374 Posted: Tue Sep 06, 2011 3:11 pm Post subject: Re: NIFTY INTRADAY CHART |
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[quote="solanki"] solanki wrote: | AS PER NIFTY CASH CHART I BOUGHT NIFTY PUT 4900 50x98.00 & SOLD 50x120 AND BOUGHT NIFTY CALL 5000 50x113.70 & SOLD 50x140 INTRADAY CHART ATTCHED |
NOW NIFTY CALL4900 HIGH 163.00 NOW CMP 167.80 high |
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solanki White Belt

Joined: 12 Feb 2007 Posts: 155
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Post: #1375 Posted: Tue Sep 06, 2011 3:31 pm Post subject: Re: NIFTY INTRADAY CHART |
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vinst wrote: | solanki wrote: | AS PER NIFTY CASH CHART I BOUGHT NIFTY PUT 4900 50x98.00 & SOLD 50x120 AND BOUGHT NIFTY CALL 5000 50x113.70 & SOLD 50x140 INTRADAY CHART ATTCHED |
Good show !
How come the candles seem to be so smooth? Are they modified candles? like heikin ashi? |
vinst sir ji namasteji
yes sir it is heikin ashi candle with 15 mini TF |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #1376 Posted: Tue Sep 06, 2011 3:52 pm Post subject: Re: NIFTY INTRADAY CHART |
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solanki wrote: | vinst wrote: | solanki wrote: | AS PER NIFTY CASH CHART I BOUGHT NIFTY PUT 4900 50x98.00 & SOLD 50x120 AND BOUGHT NIFTY CALL 5000 50x113.70 & SOLD 50x140 INTRADAY CHART ATTCHED |
Good show !
How come the candles seem to be so smooth? Are they modified candles? like heikin ashi? |
vinst sir ji namasteji
yes sir it is heikin ashi candle with 15 mini TF |
solanki saab,
tussi butter laga ke candle ko smooth kar diya.
does it lead to some extra lag in indicators, as per your experience? |
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sujai1234 White Belt

Joined: 27 May 2011 Posts: 106
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Post: #1377 Posted: Wed Sep 07, 2011 9:38 am Post subject: |
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trend down. SL 5110 tgt 5057 |
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rk_a2003 Black Belt

Joined: 21 Jan 2010 Posts: 2734
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Post: #1378 Posted: Wed Sep 07, 2011 9:43 am Post subject: |
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Spot nifty as per NSE site and mini nifty giving Up trend
spot : trend UP Target 5118 S/L 5048
Mini : ,, ,, Target 5112 S/L 5063 |
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vinay28 Black Belt

Joined: 24 Dec 2010 Posts: 11748
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Post: #1379 Posted: Wed Sep 07, 2011 12:10 pm Post subject: |
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I think that, considering the trend of market over the last week, targets and SLs of both trends will be met. |
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satishkadam Yellow Belt

Joined: 01 Apr 2010 Posts: 805
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Post: #1380 Posted: Wed Sep 07, 2011 12:11 pm Post subject: |
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sujai1234 wrote: | trend down. SL 5110 tgt 5057 |
SL HIt..... |
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