BANK NIFTY - as I see it

pratapvb

Well-Known Member
#1
Attempting to start a journal....have tried it before and failed to keep to it

jotting my thinking on bank nifty to keep track and also to look back on what I did right and what I did wrong
 

pratapvb

Well-Known Member
#2
long from morning 12227+

trailing on that orange band / aqua band...currently 12423-

 

pratapvb

Well-Known Member
#3
potential for down move below 12422, but long bias above +1SD2day (12384) / vwap 12370
 

pratapvb

Well-Known Member
#4
the bands are holding the trend

but getting bored and restless...and hoping not to do something stupid

Letting the profits run....easier said than done

 

pratapvb

Well-Known Member
#6
a typical excess over +2SD2day...and then once the main move over pb sideways (time correction) to +1SD2day

 

pratapvb

Well-Known Member
#7
tomorrow

VAH 12460
+1SD2 12442
15-13low 12425

so below this there could be short and above this longs

+1SDseries at 12330.....if goes down need to check what it does at +1SDseries
VAL 12317

so intially looking for longs above 12460...and shorts below 12425 (12460 resistance / failure is also short)

and then see as the days levels develop
 

pratapvb

Well-Known Member
#8
NF maxpain 6500

potential expiry level 6526

 

pratapvb

Well-Known Member
#9
BNF maxpain 12200

potential expiry level 12149

 

pratapvb

Well-Known Member
#10
tomorrow

VAH 12460
+1SD2 12442
15-13low 12425

so below this there could be short and above this longs

+1SDseries at 12330.....if goes down need to check what it does at +1SDseries
VAL 12317

so intially looking for longs above 12460...and shorts below 12425 (12460 resistance / failure is also short)

and then see as the days levels develop
after a gap down to 12400 it quickly came up and sustained above VAH 12460 giving a long from there

now it has failed +1SD 12552...and could be in pb to 12490 / 12460

 

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