My Trades and Notes

ITC Futures Hourly Chart
Price is far away from 20EMA and will not stay away for longer period. Nice inverted Hammer at top. Expect the price to move down and touch 20EMA.

NIFTY Options Strike price 7700 (5 min chart)
CE forming Descending Triangle and PE forming Triangle!

more betting on PE only.

No Trade for me on 23.05 & 24.05...
I was analysing/studying PIVOT method yday and today did a paper trade on SBIN Future...

I have used 20SMA to gauge the trend. I have adopted that if a price close above/below 20SMA i will mark that as High/Low with a normal line. The entry and exit are as usual the break of high/low. The dotted lines are minor high/low which are getting formed within or inside the normal line of High/Low.

TSL/SL is UP line/dotted line in case of trade taken in Short Sell. TSL/SL is Down Line/dotted line in case of trade taken on Buy. I will buy/short sell only when the candle completely close above or below the high/low line.

There were 3 trade oppertunities...
1st trade - Short sell (entry: 167.75, Exit: 167.40 = 0.35 points)
2nd trade - Long (entry: 167.80, Exit: 168.25 = 0.45 points)
3rd trade - Long (entry: 169.20 , Exit: 170.20 = Re.1)

Dear karthik.. wants to know how you getting NIfty Spot Real Time DAta in Ami

Through my RT Data vendor!

How to get Nifty Spot in NOW software Sir?

no idea bro...You need to check with your broker...

No trade for me for the last 4-5 days due to health reasons! Will start from tomm...

Climate has changed -Summer to Rainy Season.Take Care Bro.