zenmoney: 2014

Thursday 18 September 2014

INDUSINDBK Monthly chart

A clear UP trend

Should not miss this bull trend ..
But the question is ... when to enter?

As on date Nifty is 8114..

LT , SBIN, CANBK monthly charts

Some monthly charts for reference & study

My observation:
- LT is on new life time highs ...up trend is clear
- SBIN as long as it is not forming new lows, it can be considered for longs
- CANBK - has a long way to go...it is not out of the woods yet . ..

Wednesday 20 August 2014

LT fut 2014 Aug 20

my reading once again ...

Tuesday 12 August 2014

LT fut 2014 Aug 12

Comments inside the chart

Monday 11 August 2014

LT fut 11 Aug 2014

Trade 1: BO-PDH hit SL

Trade 2: BOF-IRL was a good trade...

Observe the DP signal coinciding with IRL.

Today was an inside day in the LT -spot. It is normally followed by range break out.
Just for my reference..Im bearish as there is opening gap downside on 8/Aug/2014

Sunday 10 August 2014

LT fut 2014 Aug 08

With a gap down opening, still a trade was possible ...

Thursday 7 August 2014

LT fut 2014 Aug 07

As per the reading in the chart, 2 SLs hit.

1st trade:
If you carefully observe, the 1st trade need not be taken. Though it is a BO-PDL, it need not be taken as the IRL is very near & there is very little space for the trade to move ...

2nd trade:
BOF-PDL - SL hit

3rd trade;
BOF- PDL - moved well.. but the previous trade made it nervous...

3rd trade :
BOF-PDH .... This trade moved well. See the coincidence of the DP signal with RSI sell... the probability is hig

Tuesday 5 August 2014

LT fut 2014 Aug 05

I did the 2nd one & got hit with SL. That's not the problem.
I am carrying it as a position ... the usual mistake I do... I have to get rid of this....
:-(