iCharts Discussions

[smartcancerian]

Trailing SL placed at 6196( some minor pivot & not SSP of lower tf)..there is almost OL in nifty as per ODIN..at 6196, not feeling comfortable before RBI event, i will quit this trade in future as well as square off my 6100 call, else market obliges me by taking out OL before hitting my SL..

[smartcancerian]

TSL hit..NF (net -2)..Call squared @ 132..(+28.) overall net +26

Net pts (trade:1) = -19 ; cumulative = -19
Net pts (trade:2) = -22 ; cumulative = -41
Net pts (trade:3) = 46 ; cumulative = 5
Net pts (trade:4) = 3 ; cumulative = 8
Net pts (trade:5) = -12 ; cumulative = -4
Net pts (trade:6) = -29 ; cumulative = -33
Net pts (trade:7) = 7 ; cumulative = -26
Net pts (trade:8 ) = 24 ; cumulative = -2
Net pts (trade:9 ) = -10 ; cumulative = -12
Net pts (trade:10 ) = -30 ; cumulative = -42
Net pts (trade:11 ) = -10 ; cumulative = -52
Net pts (trade:12 ) = 26 ; cumulative = -26

[smartcancerian]

Update before RBI policy..any thing can happen..Hourly also turned dn ysterday..15tf DSP marked in chart..

[smartcancerian]

Both side trade is ready..long above 6196..short below 6171..although it is too late to be bear and too early to become bull at the current price level.

[smartcancerian]

Longs got triggered @ 6196..sl hit @ 6171, result -25
Shorts got triggered @ 6171..eod exit 6186, result -15

Net pts (trade:1) = -19 ; cumulative = -19
Net pts (trade:2) = -22 ; cumulative = -41
Net pts (trade:3) = 46 ; cumulative = 5
Net pts (trade:4) = 3 ; cumulative = 8
Net pts (trade:5) = -12 ; cumulative = -4
Net pts (trade:6) = -29 ; cumulative = -33
Net pts (trade:7) = 7 ; cumulative = -26
Net pts (trade:8 ) = 24 ; cumulative = -2
Net pts (trade:9 ) = -10 ; cumulative = -12
Net pts (trade:10 ) = -30 ; cumulative = -42
Net pts (trade:11 ) = -10 ; cumulative = -52
Net pts (trade:12 ) = 26 ; cumulative = -26
Net pts (trade:13 ) = -25 ; cumulative = -51
Net pts (trade:14 ) = -15 ; cumulative = -66

[smartcancerian]

Market has placed itself in a medium range 6211-6161..may be its making its mind for next move..better would be to play range breakout either way..

[smartcancerian]

longs triggered @ 6214..tsl now is 6226..Today is DHOOM day..

[smartcancerian]

Though my stomach is still empty.... but weekend is there so decided to pocket some gains..exited this long @ 6298..

Net pts (trade:1) = -19 ; cumulative = -19
Net pts (trade:2) = -22 ; cumulative = -41
Net pts (trade:3) = 46 ; cumulative = 5
Net pts (trade:4) = 3 ; cumulative = 8
Net pts (trade:5) = -12 ; cumulative = -4
Net pts (trade:6) = -29 ; cumulative = -33
Net pts (trade:7) = 7 ; cumulative = -26
Net pts (trade:8 ) = 24 ; cumulative = -2
Net pts (trade:9 ) = -10 ; cumulative = -12
Net pts (trade:10 ) = -30 ; cumulative = -42
Net pts (trade:11 ) = -10 ; cumulative = -52
Net pts (trade:12 ) = 26 ; cumulative = -26
Net pts (trade:13 ) = -25 ; cumulative = -51
Net pts (trade:14 ) = -15 ; cumulative =-66
Net pts (trade:15 ) = 84 ; cumulative = 18 (RR of 1:3 achieved)