31032023

 Huge gap up 

29032023

 

29032023

 

Nifty Opened within range faced resistance at yesterday swing and rejection from that level

1. Entered short at A point, Exactly my SL hit in next green candle and reverse

2. Entered long at B point Sl hit, 20 Ema short entry is good entry here 

3. Entered long at C  book profit next resistance

4. Finnifty breakout long entry at P point SL hit

5. Fin nifty long entry at Q , profit booked end of the day

Finnifty trades are option selling entries 

27042023

 

Opened with in yesterday range and tested PDL and reverse, missed entry PDL long

1. Entered long position due to previous swing break out at point A , entry is wrong , due to miss opportunity pdl emotional entry SL hit

2. Entered long position at B point due to consolidation at day opening , it may give break out again Sl hit

3. Entered long position at C  point booked early profit missed huge opportunity 

4 . D point long entry , emotional entry SL hit

5. E point short entry PDH again early exit missed huge rally

24032023

 

Easy day to trade but I am made it difficult

1.Opened with in range price moved to below PDL waited for PB and entered near PDL at A point short trade  , SL hit

2.Entered at B short due to rejection from Resistance, SL hit

3. Entered long position at C , looks like break out immediate reversal SL hit,

Three SL's hit back to back No impact on mind set

4. Entered short trade due to Double top at D point , booked profit at day low support 

5. Entered long position at F , looks like break out reversal SL hit,

6.Entered long position at G , looks like consolidation, profit booked at resistance 

7.Entered long position at H , taking  support at Swing line  profit booked at 20 Ema resistance 

8.Entered short trade at I  point due to S/R line break out , booked profit at day low support, 

Finally day ends with minor loss

Too many trades to be avoided, and focus to hold winning trade  

 

23032023

 

Expiry day Thursday 

Gap down opening

1. Entered short trade buying at point A due to PB and exit next candle little scalping 

2. Entered long trade by option selling at Point B due to BREAK OUT and exit previous DAY SWING 

3. Entered long by selling options at C due to PB, SL hit

4. Entered short trade option buying at D , didn't hold the trade , earlier exit miss huge opportunity 

22032023

 

Gapup opening

   Faced resistance at previous swing and breakout of today opening, very high  probability trade , so short trade initiated at point A , trade exit B point due to 20 EMA and near to PDH , 

But instead of point A , PB trade at Day open is better opportunity 

21032023

 Gap up opening , 

1 . trade entered at point A  due to IRL , SL hit

2. trade entered at point B  due to FBO, profit booked at IRH

3. trade entered at point D SL hit 

finally day close wtih profit

20032023

 Opened with in a range with huge red candle @A point enterd PB entry and exit at red line as target , and got one more entry at B point PB entry booked small profit due to reversal fear otherwise it is very good trade ,

at D point Support turns into resistance very high probability trade , but R:R is very poor avoid it , 

afternoon FBO Entry , at C point , but not entered due to counter trend 

17032023

 

Welcome to new blog ,

 This blog deals with Nifty Support and resistance trading methods , and provide daily intraday chart analysis