My Trades and Notes

[karthik_sri]

NIFTY Futures Chart (Hourly)...the price is taking support exactly on the 200EMA and hope to trade in this zone for couple of days...hope coming days to be in sideways unless the price close below 200EMA or above 100EMA...

NIFTY Spot hourly...trading in 200EMA area in sideways! A break will decide..

 

[karthik_sri]

NIFTY Option Trade Today (3 trades today)...good profit!

1st Trade: 2 points
2nd Trade: 9 points
3rd Trade: 34 points (taken the risk of SL 5 points with the earnings of 2 trade)

 

[karthik_sri]

TATASTEEL-I(Hourly chart)
Yday closed near 200EMA with Hammer pattern. A close above 200EMA (on hourly) will move stock upwards to a near target of 15EMA!

TATASTEEL-I (Update)
As expected the stock moved upwards and touched 15EMA and making Inverted Hammer...hope to come down

 

[Mungus]

Karthik,for Option trades do you use 3 orders-entry,SL and target order?

If target order and SL order placed in Option,it needs higher margin equivalent to futures.

 

[karthik_sri]

Karthik,for Option trades do you use 3 orders-entry,SL and target order?

If target order and SL order placed in Option,it needs higher margin equivalent to futures.

I place SL Buy order first on the decided price...once the buy price is executed by the system i place the Stop SL order which will show pending...at the time of exit i will either modify the Stop SL or cancel the SL and exit at market price depending on the price fluctuation...
I will not do short sell as this requires more margin. But i dont find any margin equivalent as I have only 10k in my account!

 

[karthik_sri]

NIFTY (SPOT) WEEKLY FIBO LEVEL (ON LAST WEEK HIGH/LOW)...
The reversal exactly happed at 50% level!

To move further it has to close above 7789.10 which is weekly low area and to go above 7890.48 which is FIBO 50% level.
If going down have to close below 7707 & 7697 which may take down till 7663.80 level!

 

[Mungus]

I place SL Buy order first on the decided price...once the buy price is executed by the system i place the Stop SL order which will show pending...at the time of exit i will either modify the Stop SL or cancel the SL and exit at market price depending on the price fluctuation...
I will not do short sell as this requires more margin. But i dont find any margin equivalent as I have only 10k in my account!

Generally I place 3 orders back to back and it works in Equity and Derivative Segment.But while trading Options we need higher margin,so either SL order or Target Order.

 

[karthik_sri]

NIFTY Spot/Index on 30 min chart with High/Low and FIBO!

 

[karthik_sri]

NIFTY Spot on Hourly Chart with Pivot

 

[karthik_sri]

BNF Futures Chart on Hourly
Taking support at FIBO 50% level...Trendline support break and zone retested with Inverted Hammer and came down. Close below 50% level on Hourly will move down!