Review Fut 20160216

The previous sell signal in Yesbank and Axisbank was a good one...

Axis Bank Fut 2016 Feb 15

Similarly Axisbank's shows weakness at 417 ~420 area. Keep a watch on this area on 16/Feb.

These posts are nothing in anticipation. These are the planning activities.
Will review it for tomorrow.

AXISBNK fut 2015 Feb 10

1) BOF- PDH was a sell, scope for some profit

2) TST-PDH again gave a sell , scope for some profit

3)BO- PDL was a short , but PDL being so near, it would be better to give it a miss...immediately after that BOF- IRL is a buy , but it is better to give a miss for the same reason again...


4) After the picture is clear that , it is not ready to go down... then plunge in for LONG...

Always see , if there is space there for the trade to move, which is nothing but the Profit potential & the risk reward.
As always it is easy to do analysis at hindsight....

AXISBANK fut 2015 Feb 05

Started within the previous range...revelaed the intraday range

2, 3 .... Break of IRH was a buy ...but after a double top , it could not go .. so an exit at 3 with minor Loss

4. BO of IRH gave a sell signal with the tgt of PDC, IRL

AXISBANK fut Feb 04

AxisBNK fut Feb 04:




Preplans

1. Based on the previous day big down trend day, I was planning to go short @ 600 around. It didnt happen.
2. Chances are if the PDL holds... it may go up... so planned to buy at 588 & close at 590 for a small profit. It did work . 2 points profit.

Live:

3. By the time intraday range is revealed... major action for the day is complete...
However the BO of PDC & PDL was a solid Red, which shall be taken as a short signal...

It is easy doing post mortem... had it been live.. dont know what all I would have done ..