Thursday, 27 April 2017

Nifty Future 27042017


It opened within yesterday's range and remained rangebound.  In afternoon it seemed like it was going to break PDH.  Attempted that trade as marked but unfortunately it did not work.  No other trades.

Wednesday, 26 April 2017

Nifty Future 26042017


It opened at PDH/BRN and started moving up without giving us a setup to go long.  After that it started consolidating and gave BOF of Range Low. It moved nicely to Range High.  Toward the fag end, it made an attempt to break PDH/BRN and failed.  Hesitated and missed the up move.

As you might be aware, I have been trading stocks in the morning session for quite some time now.  Few traders decided to join me to trade with me at the beginning of this month and they traded with me in cash stocks and stock futures.  The performance of stock trading has been fantastic. A trader thanked and confessed to me this was the first profitable month of trading in his 10 years of trading career.

Month of May has been historically very volatile month.  As a trader, what we only want is lot of volatility, and I am sure it will provide lot of good trade opportunities.  If you are ready to spare just one or two hours in the morning, you can join me to trade with me in cash stocks or stock futures.

Let's trade together and benefit most out of it. You have only few days left of the current month to make the decision.

Click here for the April month performance sheet.  I have also provided there snapshots of last couple of weeks of Telegram messages to give you an idea how convenient it is for you to trade with me.

Tuesday, 25 April 2017

Nifty Future 25042017


It opened above PDH and after remaining rangebound it broke out and presented a nice BPB setup.  It moved some.  In the afternoon DO/range high acted as a flip and gave another setup to go long.  It just missed the BRN target.

Friday, 21 April 2017

Nifty Future 21042017


It opened full gap up but there was no follow through.  This was the first sign of weakness.  After that traded in a very narrow range below PDH for a long time. Second sign of weakness.  Made an attempt to reverse but failed.  Another sign of weakness. Then broke out below the range which confirmed the weakness and presented a BPB setup.  The trade moved very well. Towards the fag end it made multiple attempts to break BRN but failed.  Did not expect a V shape reversal at that time and hence avoided BOF of BRN.

Thursday, 20 April 2017

Nifty Future 20042017


It opened within previous day's range.  Attempted a BPB of PDH which did not work.  After that it formed a range envelope without giving any further setup to trade.

Wednesday, 19 April 2017

Nifty Future 19042017


After a big move yesterday, it was expected to remain range bound and it did exactly same.  The BO came very late and could not be traded.

Thursday, 13 April 2017