Mar 20 2017

3 Trades all scratched.

Mar 14 2017

1 Trade scratched.
NS BRN resisted the up move. Looking at consolidation gave some space then scratched.

PS: Will be out of station need to attend a function. Will be back on Monday. Trade Well.

What you will do here and Why ? - Contd

Thanks for response. Wanted to talk about one important concept of Extended moves.
Nifty has tendency to move between option strikes.
In this case it moved from 8450 to 8500.
Be careful if you want to take trade when it has moved 40+ points in one direction..

What you will do here and Why ?

What will you do here and Why ?

What concepts will you use to take trade. Give it a try.

There are no right and wrong answers. Look for the reasons to go short / long and

post your answers.

PS: Comment section is open

Assessing DP strenght

DP is one of the seven factors we use to take decision. It is very simple to assess if this DP will hold on
not. This Video explains the same.
Remember: we don't just trade of this alone other factors need to be considered. Hope at least DP concept is clear with this.

Please press the like button(G+) if you find it useful that will encourage me to add more videos.Need to work on my recording skills will work on it :).

Mar 10 2017

2 Trades
1st was CT which didn't moved.
2nd with Trend BO , closed on high volume bar and also very near to NS BRN.

Mar 9 2017

Took the last trade on the hope that PDC might hold . it didn't.