ALL IS WELL in Trading - Toshi's Trading Diary

[toshiaki]

Holding Short in NF since yesterday..
Today bought 5600 PE (Apr) @71.5.

Closed the open position in 5600 PE at 66.8 (Avg).
Bought 5700 CE @ 85 for hedging my NF Short position

 

[toshiaki]

Nifty did several attempts in crossing the 5650 level but failed. 5615-20 is acting like immediate support.
Still holding NF (Apr) Short @5685 since yesterday. CMP is 5670.

Closed the open position in 5600 PE at 66.8 (Avg).
Bought 5700 CE @ 85 for hedging my NF Short position

Sold 5700 CE contracts @85, during Nifty's last attempt on crossing 5650 level 3pm.

lost 0.3% of margin on 5600 PE trade.
Net margin up by 0.9% :thumb::thumb:

 

[toshiaki]

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Wishing you all a Happy, colourful and safe Holi..
Enjoy my friends..
May you all have a colourful trading as well.
:clap::clap::clap:

 

[toshiaki]

Reliance was looking good for intraday short with support seen at 760. Made 10 points here and squared off the position at 765 (Spot) which is the intraday support.

Net margin up by 2.4% :thumb::thumb:

 

[toshiaki]

Still holding NF (Apr) Short @5685 since yesterday. CMP is 5670.

NF current price is 5645, keeping a trailing Stop loss at 5660. :thumb:

 

[toshiaki]

NF current price is 5645, keeping a trailing Stop loss at 5660. :thumb:

Exited the short at 5660. Gain of 25 points.
Net Margin up by 4%. :thumb::thumb:

 

[toshiaki]

Nifty successfully pulled back from 5600-5620 level and closed above 5660. It may result in a short term bullishness and will look for a suitable entry point on monday to go long, if it manages to stay above 5660. Target will be 5760-5780.

Lets see.. Happy weekend to all :clap::clap:

 

[toshiaki]

Nifty managed to stay above 5680, and closed above 5700.
Holding long in NF @5718, target in nifty spot is 5760. CMP = 5721.

Relcapital has taken support at 300, and in short term uptrend now. CMP is 320. Next target is at 340, then 350.
Holding 320 CE @18, CMP = 17.5

Open positions

Nifty Fut @5718, CMP = 5721
Relcapital 320 CE @ 18, CMP = 17.50

All IS WELL.. :thumb::thumb:

 

[toshiaki]

Nifty managed to stay above 5680, and closed above 5700.
Holding long in NF @5718, target in nifty spot is 5760. CMP = 5721.

Still holding the long in Nifty future. Next target is 5780 on spot. :thumb:

Relcapital has taken support at 300, and in short term uptrend now. CMP is 320. Next target is at 340, then 350.
Holding 320 CE @18, CMP = 17.5

Exited the 320 CE @20.00, In last 30 min, RELCAPITAL surges to its target of 340. My bad luck, I exited it early.. It could have given the 20% gain on my net margin in one day

Net margin up by 5.4%.

Open position
Nifty Fut @5718, CMP = 5765.

ALL IS WELL :thumb:

 

[toshiaki]

Open position
Nifty Fut @5718, CMP = 5765.

exited the long in NF @5740. Profit of 22 points. But the profit points vanished on the Nifty 5800 CE and Reliance 800CE holdings.

Today i committed one serious mistake and that was even if my system had given exit calls, i continued to hold these contracts with upmove anticipation.

Along with the mistake, i missed the fall in last hour too, i did not wanna chase the market, but as if its teasing me, it just kept on falling

Anyway, closed the day with frustration and with a loss too, where with little bit of discipline it could have been a great day to end in green..

Nifty.. See you tomorrow.. :thumb: