Nifty Swing & Intra Trades

Tuna

Listen and act, don't ask it, it doesn't oblige
Entered Nifty Nov 8400 PE @ 82. (Option Trade not to be updated on Scorecard).
Already up 25% (102) - still holding and started trailing.
 

Tuna

Listen and act, don't ask it, it doesn't oblige
Trade # 2 Closed

Sold NF 8481 / Exit 4866 = +15 X Moderate size

Did not scalp as I was expecting a reversal at 8450 level as per Trade Plan.

I will not take any Contra today regardless however good R/R it may carry. I am not that Braveheart. Not point in standing in the front of the Cargo Train.
 

Tuna

Listen and act, don't ask it, it doesn't oblige
Plan today- sell at every high / look for bounce back from 8450/8434 and Selling pressure at 8520/8540.

Row, row, row your boat
Gently down the stream,
Merrily merrily, merrily, merrily
Life is but a dream


So 8434 Spot is the level for Contra Today.



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Tuna

Listen and act, don't ask it, it doesn't oblige
B E A Utiful Contra Guys - 40 odd points from DL in just 20 minutes. Surely Courage (when coupled with method) pays. But alas, I am not that courageous :D

Today Only Short for me.

Point Noted: I am not doing well (actually never did well) on Contra trades :: Area of Improvment.
 

Tuna

Listen and act, don't ask it, it doesn't oblige
Already up 25% (102) - still holding and started trailing.
TSL was hit at 95, shall re-enter if I get a good buying price.
 

Tuna

Listen and act, don't ask it, it doesn't oblige
Bought NF Nov 8200 PE @ 46.5 / Why such a ridiculasly OTM PE ? Let see. But keep this filed, we will revisit this post next week.
 

Tuna

Listen and act, don't ask it, it doesn't oblige
Sorry Guys if I am killing you with my boring trades, but here is one more

Trade # 3

Short 8495 / Exit 8482 = +13 X Scalping (ofcourse) size = decent profit.

Waiting for next retracement.
 

Tuna

Listen and act, don't ask it, it doesn't oblige
if Nifty Spot # 8434 is breached (attempted twice) by close, we are ready for Gap Down on Monday - My Take.
 

Tuna

Listen and act, don't ask it, it doesn't oblige
Bought NF Nov 8200 PE @ 46.5 / Why such a ridiculasly OTM PE ? Let see. But keep this filed, we will revisit this post next week.
Ok, Booked Full at 58.2 (25%) - Might go further up, but done here. Sorry did not hold it till next week, may be time to scout for 'Insurance PEs' :lol:
 

Tuna

Listen and act, don't ask it, it doesn't oblige
Here is the summery of my day (closing early as I am done way above of my daily/in fact weekly target) . Best part, no Scratch trade. Losing Trade are fine with me. But I hate the fake trades.


The levels, they are right 75%
Trade # 1 Closed
Short 8518 / Exit 8499 = + 19 X Sclaping Size = Decent Profit


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Trade # 2 Closed

Sold NF 8481 / Exit 4866 = +15 X Moderate size

Did not scalp as I was expecting a reversal at 8450 level as per Trade Plan.

I will not take any Contra today regardless however good R/R it may carry. I am not that Braveheart. Not point in standing in the front of the Cargo Train.

Already up 25% (102) - still holding and started trailing.
TSL was hit at 95, shall re-enter if I get a good buying price.


Sorry Guys if I am killing you with my boring trades, but here is one more

Trade # 3

Short 8495 / Exit 8482 = +13 X Scalping (ofcourse) size = decent profit.

Waiting for next retracement.

Bought NF Nov 8200 PE @ 46.5 / Why such a ridiculasly OTM PE ? Let see. But keep this filed, we will revisit this post next week.

Ok, Booked Full at 58.2 (25%) - Might go further up, but done here. Sorry did not hold it till next week, may be time to scout for 'Insurance PEs' :lol:

Set Counter:
Profitable Trades (> 12 to 250 ) = 14
Losing Trade (> -8) = 4
Scratch ( 8 to - 8) = 2


Two decent wins on PE options are not counted on the scorecard as promised.
 

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