Happy New Year: Happy Trading

[singh751]

We already started with New year week.
Well it will be a New Year resolution where i will be posting my daily positions
entry time,exits,MTM screen shot, contract note and Charts(where needed they will be mostly on demand)

well My objective is to achieve 20%monthly compounded.
makes around 900%/year

lets see we Meet Failure or Success.

Kindly appreciate if u like and do criticize Or Suggest More if u dont .

Thanks

 

[singh751]

Day1:- Morning Update

Future and options
Time:- 10.30Am
last Fridays carried positions were
Long:-SBIN @ 1795 , Bank Of Baroda @667
Short:- Hdil @ 53.45

Today's Executions
1. JPassociate Short
2. DLF Short

 

[singh751]

Day1:- Closing Summary

A very Choppy day,
6320-6350 is strong resistance area. above this Bears wont have strength to stop the Bulls.
we are in a correction phase from 5100-6450
we can head to 6200 or Strong supports 6000-5920
above which one should be a positional Buy(for 3-4 months perspective)

New Shorts added after DLF,HDIL and JPassociates are:-
Axisbank
Ongc
Nifty

New Long
Dreddy

Positions:-

Trades:-

Mtm Netpositions Screenshots:-

 

[TraderRavi]

well My objective is to achieve 20%monthly compounded.
makes around 900%/year

best wishes , very ambitious target for a big capital
may we know wat % returns you achieved in 2013 ?

 

[singh751]

best wishes , very ambitious target for a big capital
may we know wat % returns you achieved in 2013 ?

200%still cont.
i count from This financial year

 

[singh751]

Day2:- Closing Summary

A big day Tomorrow.
Both Nifty And Bank Nifty Had a very Narrow Range today
Nifty almost 40point range from high/low (6317.30-6287.30)

Breakout either side will drive the markets in their direction, where yesterdays High Low should be taken as SL.
Remember Trade initiates only when one side of range i.e.(6320or6285)
is triggers and with other as a SL.

We can again have a small range inside this range tomorrow also.
Same case with bank nifty, a 100 point range.

We are traders, Not GOD.
we can just observe present and predict future according to it.

Well today it was very confusing Index wise, whereas stocks were foretelling the future.

Longs added Today:-
Jpassociate
IDFC
Mcdowells
Axis

Fresh Shorts:-
SBIN


Net Positions:-

Trades:-

Mtm Net Postion ScreenShot:-

 

[singh751]

Day3:- Closing Summary

well my yesterday post had two possibilities
either to break the range or to be within yesterday's range
the market was inside yesterdays high low creating one more Narrow range

Index struggles at resistance 6320-30 which is not good for bulls
but stocks like RCOM, DLF,JPAssociate,HDIL are outperforming the Index

we still have same logic that prevails for tomorrow

Today's longs added:-
DLF
HDIL
RCOM
RELINFRA
RELCAPITAL

Bpcl Was a wrong initiation which was squared off with loss

Todays fresh Shorts:-
NiLL

Net Position:-

Trades:-

MTM Netposition screenshot:-

 

[singh751]

Day4:- Closing Summary

Buy Buy Buy Oppss... or it was BYE BYE BYE

A huge Gapup of nearly 50 points which made every bull happy with market opening,
we opened above resistance of 6320-6340, which sustained till afternoon and after the INTERMISSION came the BEARS into action and remained till every BULL(me one of them lol) was Brutally Slaughtered.

Thats what trading involves.
My today post is very important for everyone which conveys a message that
its not only a system or capital that makes trading feasible and profitable but
more important is RISK MANAGEMENT & Proper Money Management.
My all positions were hedged with Currency pair USDINR which did saved my capital
so i will post them for just a reason that trading involves every kind of risk that is unknown how will hit our capital.
Hope i Expressed my point.

Markets closed@6221 near its support of 6200, which doesnt holds that Bull Phase is in trouble

Today was very busy day for me in trading:

Long added today and exit today
SBIN
YESBANK
BANK NIFTY
MARUTI
Nifty

Fresh shorts made today
Nifty DLF ICICI BANK
Bank Nifty HDIL HINDALCO
SBIN JPASSOCIAT DRREDDY
Bank Baroda RELINFRA ITC
AxisBank IDFC


POSITION CLOSED IN LOSS AND STILL HOLDING:-
this list was becoming Big so it has just ONGC as SHORT position

Udated New positions:-

The Trade Log was so big that i cud not fit that in single screenshot
so am posting Net Position MTM screenshot.

Yes its 3.5L loss

Hedge with USDINR Screenshot.:-