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18.04.2016 Monday

Could Join the market at 11:28. Observed that Nifty opened above PDH and sold off immediately after open. Selling came to pause at PDC and prices has already given BOF of BRN and PDH.  As previous trading session was a Type 1 Trend day. Expected a Range bound movement. Looking at the initial sell off, considered the general bias as Down and took the 2nd attempt of PDH BOF. Exited the position when nifty failed to clear the Swing Low in 2nd attempt.

Later observed at 13:03, candle BO the BRN and Range High. As the range bound day was expectedand also nifty was trading near its Range High, do not want to take long trade and decided to wait to give BOF setup by nifty coming down from the low of BO master candle, which did not happen. 

Took only one trade. Did not attempted any other trade.

The above trades are my view during hindsight analysis.

13.04.2016 Wednesday

Prices opened with trend full gap up and went upto RN. Thereafter whole day Nifty traded in tight Up Channel with barbed wire pattern. I was expecting the pull back to the point as marked and looking to enter on the pull back to that point which did not happen. Lately entered long when prices re-entered the channel after breaking the Channel Low Line.Exit the position on the top channel line.

12.04.2016 Tuesday

Prices opened near PDC within PDR. As previous day was a Uptrend Day and the todays open was within previous day range, it indicates the continuation of previous day sentiments. Looking to buy at range low.

Found BOF of day low in the afternoon. Entered Long and booked profit when prices failed to breach then day high at second time.

08.04.2016 Friday

Market Open near PDC within PDR. Initially tests the PDL and moved within tight range between BRN to PDL. Attempted one trade in afternoon as BOF of Range Low which ended as Breakeven Trade. 

This whole week, my performance has ended with No Profit No Loss Position and most of the trades ended as either Breakeven or stooped out. Prices has refused to give us any trending move. Whole week, prices has traded between ranges or price movements were very much volatile some days.

Lets see what's ahead in the coming week. 

Happy Trading Days Ahead and Happy Weekend.

06.04.2016 Wednesday

07.04.2016 Thursday

05.04.2016 Tuesday

Announcement day. Joined Market at 11:45 AM. Took only one Trade as BPB of Range Low and RN. Stopped Out.

04.04.2016 Monday

Market open with Gap Up in the direction of general trend. Initially failed to reamin above PDH. Expected to close the Gap. Nifty closed the Gap and given BOF Long entry setup. Entered Long. Moved my SL to breakeven when prices failed to move up from PDH in second attempt. Exited at Breakeven. I was expecting the breach of PDH and a re-test of BRN today. Prices moved in expected direction after my exit but failed to reach BRN. 

As tomorrow is the RBI Announcement day, Prices has traded in a very tight range during full day.

The day closed as Breakeven Day.

01.04.2016 Friday

Took First Trade as BOF of IRL. Exited at Breakeven when prices failed to breach IRH and DO. As prices failed to move up after BO from DO, decided to watch the price action as there were multiple decision points below it (DO, PDC, PDL and BRN). Expecting the entry setup at BRN. Took second trade as BOF of PDL. Exited at Breakeven at this trade also.

Took two trades and both ended as Breakeven Trades.