My trades ! mostly intraday

[jprashant2013]

sold once again banknifty @ 12580 s/l 12640 expecting 12555-12515

covered BNF @ 12550

now only 1 trade open Bhartiartl short @ 297

 

[jprashant2013]

Bharti sl hit @ 299.5

 

[jprashant2013]

Todays trades

Bnf sell 12580 covered @profit 12542 = 50X38=
ITC f sell 362.1 covered @profit 358.5 went ahead hit 355 =1000X3.7
Indusind bank sell 291.4 covered @ profit 289 =1000X2.4
banknifty sell 12580 covered @ profit 12550 =50X30
bhartiartl sell @ 297 booked loss (sl) 299.5 =1000X2.5

Daily profit tgt achieved

 

[jprashant2013]

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[jprashant2013]

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[jprashant2013]

posted some chart images

what i try to see

1. divergence with price with possibly all 3 pane indicators
2. divergence in higher parameter indicators
3. and a rsi (2)or stochastic (5,2) spike abv 70/80/90/(98)* or below 30/20/10/(2)* where we can have a entry.
4. macd 12/26/9 and a additional signal line 34 is what i regularly use.
macd crossover is somewhat must. and if lower param signal and macd is abv signal 34 then its very much better.
5.MACD in relation with zero line.

this works well on 5 min.. hourly.. daily (EOD) charts well enough

as using this setup since very long,I am used to it and i am weak abt s/l .. i have trades for profit but not targets ! s/l levels are mainly from market profile chart or some trend lines with some tolerance and some gut feeling as i am yet unable to define specific s/l method.

on EOD/hrly charts this setup gives good option trades.

I dont know hw to scan those things all trades are derived from visual analysis of the charts

 

[jprashant2013]

Crudeoil live 5 mins
1 st buy was near 5998 another 6013
I am not keen or sure abt tgts
if crosses yesterdays VAL its better possible tgts shown strictly intra trade as 5 min chart s/l can be below low i.e 5990
big resistances from Mprofile charts so these can be treated as aggressive risk trades.
dont trade for tgts use TSLs or keep booking i trade good qty for 8-13 rs tgts !

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[jprashant2013]

CRUDE hit 6034 now using tsl @ 6016 bought @ 6013 so no risk to loose!!

1st trade done was 6003-6018 !!

see the chart below

 

[jprashant2013]

crude tsl hit 6016

trades closed ! total gain 15 points from 2 trades after brokerage !

why i didnt booked when 6036-37 was stable

 

[jprashant2013]

today as expiry day

will try to do some options trade

will buy 12500 BNF put at opening without sl
or will buy 12600 BNF put if gets near 50-60

and will buy 6600 Put at open

will buy INFY 3250 call for the day end if gets somewhat cheaper

none of the abv trades have any sl or targets

NIFTY short on any rise s/l 6650
BNF short s/l 12661