Today I came to the screen very late after 2 pm and tried to trade whatever I was able to get. First trade was an attempt to capture the strong rejection from 8650. Got stopped out. Again took a chance and shorted the second strong rejection from 8650 without waiting for it to come below PDH. Luckily got rewarded this time. Booked it quite early as I had some other engagement.
My name is Uday Dave. I am a full-time day trader, blogger and day trading educator. I mainly day trade Nifty, Bank Nifty, stocks and stock options and in the evening if I get time I trade MCX Crude Oil, Nickel and Silver using a 3-minute candlestick chart with Decision Point Trading System and price action trading methods. My only aim is to capture small moves, i.e. 20 to 25 points in Nifty and around 50 points in Bank Nifty daily.
I started this blog in year 2012 to record my trades, observations, experiences and to share them with other aspiring traders. I hope with all your support I will be able to continue to maintain this blog and improve further.