My Day Trading Dairy.

[imfine]

as you mentioned somewhere you are trading ORB based on top gainers/loosers , i was in assumption that you will long at gainers, short at loosers ..

but today tata steel is gainer but you shorted it ..............??????????

Hi,

No its not like that I work on ORB on top gainer and loser if you see the Opening range of Tatasteel breakout if towards sell so i shorted it. i hope you are clear on this.

 

[imfine]

Good morning

today trades

short
TATASTEEL @ 568,90
buy @ 563.90 (pending) target achieved Profit Rs.5.00

Short
Tatamotors @ 328.40
buy @ 326.40 (pending) target achieved Profit Rs.2.00

Buy
ITC @ 255.35
sell @ 257.70 (pending) exited trade at 256.05 profit Rs.0.70 paisa.

will update with closing trades

Trades closed..

http://imgur.com/a/YZ7kw

The ITC went upto the target of Rs.257.70.... !

anyways i still closed trades in green for all scrips.

 

[imfine]

Just realised that have doubled the initial captial with the end of today's trade.
Capital used 5k
Todays reached to 10.16k
Trading days 17.

 

[sreefriendz]

Good morning

today trades

short
TATASTEEL @ 568,90
buy @ 563.90 (pending) target achieved Profit Rs.5.00

Short
Tatamotors @ 328.40
buy @ 326.40 (pending) target achieved Profit Rs.2.00

Buy
ITC @ 255.35
sell @ 257.70 (pending) exited trade at 256.05 profit Rs.0.70 paisa.

will update with closing trades

Trades closed..

http://imgur.com/a/YZ7kw

I am just curious to know how did you took TATASTEEL short.
Actual 15min low is 567.2, But you shorted at 568.90. Can i know the logic behind shorting level of tatasteel at 568.90

Thank you,
Srikanth

 

[Mayank Kumar]

You select them randomly or you monitor which stocks to short ?


~ Novice

 

[imfine]

I am just curious to know how did you took TATASTEEL short.
Actual 15min low is 567.2, But you shorted at 568.90. Can i know the logic behind shorting level of tatasteel at 568.90

Thank you,
Srikanth

Hi,

As per my chart on 15 min the low was 569. (image attached). You might be looking FNO chart but i trade in equity.

LOGIC: very high volume breakout. Also it compliments Nifty and SGX nifty at that time.

http://imgur.com/a/dUWr7

 

[imfine]

You select them randomly or you monitor which stocks to short ?


~ Novice

No its not randomly. the selected scrips are the top gainers / losers of the day during first 15mins.

 

[ankur07090]

No its not randomly. the selected scrips are the top gainers / losers of the day during first 15mins.

Any specific website to check in real time ?

 

[imfine]

Any specific website to check in real time ?

https://nseindia.com/live_market/dynaContent/live_analysis/top_gainers_losers.htm

I like you tagline "Focus on limiting losses, profits will take care of themselves."

 

[sreefriendz]

Hi,

As per my chart on 15 min the low was 569. (image attached). You might be looking FNO chart but i trade in equity.

LOGIC: very high volume breakout. Also it compliments Nifty and SGX nifty at that time.

http://imgur.com/a/dUWr7

ohh.. For me zerodha is showing different low price. It is showing 565.2 as low. (image attached ).