Trade 8 continued

This trade looks dizy to me ...  there seems to be no power in the trend ... all this point out to a strong move coming soon.

As far for Stoploss, it remains the same. - 4905

Trade 8

Hello All

There is no change in the Stoploss .. it continues to be at 4905

A day of confusion ... market couldnt catch a trend ... it went up and down .... bad day for intradayers ... we move up our Stoploss to 4905.

World economy is on a soft foot .... its very nervy, so we might see volitility increasing.

27th September Long Nifty at 4935
29th September Stop Loss and short at 4905 (on close).

Please remember the setup will change its trend only on close below 4905.

 

 

For intraday trade views you can look at techtrendcapital@facebook

Trade 7 closed & trade 8 opened

Another new trade opened ... we are long now at 4935 with our initial stoploss at 4756

27th September Long Nifty at 4935
28th September Stop Loss and short at 4756 (on close).

Please remember the setup will change its trend only on close below 4756.

 

 

For intraday trade views you can look at techtrendcapital@facebook

Trade Summary till date

Trade	Buy	Sell	Buy Date	Sell Date	Capital Deployed	% Return (from 27th July)
1.Short	4922	5572	23/08/2011	27/07/2011	100000	32.50%
2.Long	4922	4865	23/08/2011	25/08/2011	100000	29.70%
3.Short	4920	4875	29/08/2011	25/08/2011	100000	27.40%
4.Long	4920	5078	29/08/2011	09/09/2011	100000	35.30%
5.Short	5040	5078	15/09/2011	09/09/2011	100000	37.20%
6.Long	5040	5035	15/09/2011	22/09/2011	100000	36.90%
7.Long	4935	5035	27/09/2011	22/09/2011	100000	41.90%

Trade 7 contd

Market after opening with a gap and drifting downwards showed some good strength to roll back most of the loss ... our SL moves down from 5062 to 4935 ... thus locking is 100pts in Nifty for sure.

22nd September Short Nifty at 5035
27th September Stop Loss and long at 4935 (on close).

Please remember the setup will change its trend only on close above 4935.

 

For intraday trade views you can look at techtrendcapital@facebook

Trade 7 2nd day

Another highly volatile day ... Nifty swung like a wild elephant ... it moved up and down and made it terrible for intraday traders... We continue our short position and reduce our stoploss substantially from 5174 to 5062. Hope we see more blood bath on monday. Have a good weekend.

22nd September Short Nifty at 5035

26th September Stop Loss and long at 5062 (on close).

Please remember the setup will change its trend only on close above 5062.

 

For intraday trade views you can look at techtrendcapital@facebook

 

Trade 6 closed & trade 7 opened

What a day we had yesterday .... the markets range continues to hit our trades but fortunately we are almost making small profits or a small loss in each of them.

This is a characteristic of the market ... where a trend (rally or a fall) is followed by a rangebound market and only to be followed by a trend. Hope we see new TREND soon.

As we know, our Sl for the previous longs were at 5035 which was hit and now we are short at 5035. The SL for our shorts is 5174.

22nd September Short Nifty at 5035

23rd September Stop Loss and long at 5174 (on close).

Please remember the setup will change its trend only on close above 5174.

 

For intraday trade views you can look at techtrendcapital@facebook

 

Trade Summary till date

 

Trade	Buy	Sell	Buy Date	Sell Date	Capital Deployed	% Return (from 27th July)
1.Short	4922	5572	23/08/2011	27/07/2011	100000	32.50%
2.Long	4922	4865	23/08/2011	25/08/2011	100000	29.70%
3.Short	4920	4875	29/08/2011	25/08/2011	100000	27.40%
4.Long	4920	5078	29/08/2011	09/09/2011	100000	35.30%
5.Short	5040	5078	15/09/2011	09/09/2011	100000	37.20%
6.Long	5040	5035	15/09/2011	22/09/2011	100000	36.90%

Trade 6 contd

We move up our Stoploss from 5017 to 5035,almost close to our buying price. Market was nervous ahead of the FED meeting today. So not many big players in the market to push the volatility.

15th September Long Nifty at 5040

21st September Stop Loss and short at 5035 (on close).

Please remember the setup will change its trend only on close below 5035 only.

 

For intraday trade views you can look at techtrendcapital@facebook

Trade 6

Dear All

There is no change in the setup today. Lets hope to see more upwards movement.

Trade 6 contd

Not a big day in terms of range as the market opened down with a gap ... it was a very dull day for intradayers. We move up our SL to 5017 ... reducing our risk to 23points.


15th September Long Nifty at 5040

20th September Stop Loss and short at 5017 (on close).

Please remember the setup will change its trend only on close below 5017 only.

 

For intraday trade views you can look at techtrendcapital@facebook

Trade 6 contd

Yet again quartely monetary review by RBI gave hopes and jitters to the market. The market was everywhere during the day and closed flat in the end. I am sure people will read the fine print in the morning and come back fresh with a view on Monday. We move up our Stoploss to 4957.

15th September Long Nifty at 5040

19th September Stop Loss and short at 4957 (on close).

Please remember the setup will change its trend only on close below 4957 only.

 

For intraday trade views you can look at techtrendcapital@facebook

 

Trade 5 closed & trade 6 opened

Finally we come to an end of our 5th trade which ended up giving small profits. It was an action packed day and as expected the juice in the shorts got over. Now we are long with inital Stoploss at 4908.

15th September Long Nifty at 5040

16th September Stop Loss and short at 4908 (on close).

Please remember the setup will change its trend only on close below 4908 only.

 

For intraday trade views you can look at techtrendcapital@facebook

 

Trade	Buy	Sell	Buy Date	Sell Date	Capital Deployed	% Return (from 27th July)
1.Short	4922	5572	23/08/2011	27/07/2011	100000	32.50%
2.Long	4922	4865	23/08/2011	25/08/2011	100000	29.70%
3.Short	4920	4875	29/08/2011	25/08/2011	100000	27.40%
4.Long	4920	5078	29/08/2011	09/09/2011	100000	35.30%
5.Short	5040	5078	15/09/2011	09/09/2011	100000	37.20%

Trade 5 continued

There is not change in the setup. Our SL remains the same. But I feel there is not much juice left for our shorts here ... hope we get a decent opening tomorow because I feel we may have some issue with our shorts there.

9th September Short Nifty at 5078

15th September Stop Loss and long at 5040 (on close).

Please remember the setup will change its trend only on close above 5040.

 

For intraday trade views you can look at techtrendcapital@facebook

Trade 5 continued

Another day where market shocked many ... our shorts in Nifty hold good. We pull down our trailing stop loss from 5155 to 5040 thereby locking 38points in NF.

9th September Short Nifty at 5078

14th September Stop Loss and long at 5040 (on close).

Please remember the setup will change its trend only on close above 5040.

 

For intraday trade views you can look at techtrendcapital@facebook

Trade 5 continued

Hello all, our short positions had a good day today. We made a low of 4901 on Nifty today.

Now our short stoploss moves down to 5155 from 5175

9th September Short Nifty at 5078

13th September Stop Loss and long at 5155 (on close).

Please remember the setup will change its trend only on close above 5155.

 

For intraday trade views you can look at techtrendcapital@facebook

Trade 4 closed & trade 5 opened

As we saw Nifty hit our trailing stoploss today and closed well below it ... So now we have entered into a short position in Nifty and expect it to go down from here . The stop loss for our shorts is 5175.

9th September Short Nifty at 5078

12th September Stop Loss and long at 5175 (on close).

Please remember the setup will change its trend only on close above 5175.

 

For intraday trade views you can look at techtrendcapital@facebook

 

Trade	Buy	Sell	Buy Date	Sell Date	Capital Deployed	% Return (from 27th July)
1.Short	4922	5572	23/08/2011	27/07/2011	100000	32.5%
2.Long	4922	4865	23/08/2011	25/08/2011	100000	29.7%
3.Short	4920	4875	29/08/2011	25/08/2011	100000	27.4%
4.Long	4920	5078	29/08/2011	09/09/2011	100000	35.3%

Trade 4 contd

Yet another day of good move ...  we saw Nifty closing higher ....our Stoploss now moves up to 5078 locking in 168 pts in Nifty ...

We move our SL for longs from 4930 to 5078 ....

29th August Long Nifty at 4920

9th September Stop Loss and Short at 5078 (on close).

Please remember the setup will change its trend only on close below 5078.

 

For intraday trade views you can look at techtrendcapital@facebook

Trade 4 contd

We keep our SL at 4930 ....

29th August Long Nifty at 4920

8th September Stop Loss and Short at 4930 (on close).

Please remember the setup will change its trend only on close below 4930.

 

For intraday trade views you can look at techtrendcapital@facebook

Trade 4 contd

After a tumultous day ...  we saw Nifty closing higher .... But strangely our Stoploss goes down now ...

We move our SL for longs from 4954 to 4930 ....

29th August Long Nifty at 4920

7th September Stop Loss and Short at 4930 (on close).

Please remember the setup will change its trend only on close below 4930.

 

For intraday trade views you can look at techtrendcapital@facebook

 

Trade 4 continued

Indian Market continues to puzzle investor ... the world markets are bleeding and India still closed relatively better. We move our SL for longs from 4924 to 4954 .... locking in 34 points of profits.

29th August Long Nifty at 4920

6th September Stop Loss and Short at 4954 (on close).

Please remember the setup will change its trend only on close below 4954.

 

For intraday trade views you can look at techtrendcapital@facebook

Trade 4

The longs continue to do well even after 2 long days of holidays ... Infact Indian markets surprised many by closing in green (including me ).... any ways we have moved up our stoploss from 4800 to 4924 which is around our buying price ...

29th August Long Nifty at 4920

5th September Stop Loss and Short at 4924 (on close).

Please remember the setup will change its trend only on close below 4924.

 

For intraday trade views you can look at techtrendcapital@facebook