Manoj's Trading Diary

[manojborle]

Target will be 332.45
I will use 3 minute chart to find short entries.

Given cover order sell @ 338, did not trigger, don't know why ? :annoyed:

missed a good profit chance :annoyed:

 

[manojborle]

:clap::clap::clap:

Missed Bharti Airtel but got chance in ONGC
made my day, now no trade until very high probability setup pops up.

 

[manojborle]

HDFCBANK formed a trading range 827~835 on Hourly chart.

Looking to enter near 827

 

[manojborle]

Why so many entries for the same script for the same short entry? And multiple closes as well .........
What am I missing here?

Its a cover order so a market order, so for entry also multiple fills and for exit also the same.

 

[manojborle]

Is that Greek that you just spoke ...
Did not understand a bit .....And why are the trades executed at different price/s?
And maximum profit seems to be Rs. 2.70 .... What profit is that in actual terms? Am i kiddish with my questions ... Forgive my ignorance ...
Think compared to Fx ... FnO trading is more complex ...

Cover order is a type of order where your stop loss is fixed so a broker can give you more leverage but the catch is its market order.

So whenever you enter a trade its a market order and obviously if the quantity you ordered is not matching it will get executed @ different prices.

 

[manojborle]

There was a big spike in Nifty future, so can expect nifty future to go to high of the spike 7660

 

[manojborle]

There was a big spike in Nifty future, so can expect nifty future to go to high of the spike 7660

Expecting Nifty future going to 7520 and then to 7660

 

[manojborle]

SPOT NIFTY VIEW:

Buying Pressure @ 7581.45
Breakout Level : 7618

 

[manojborle]

Nifty future is near Demand line on 30 minute chart.
Hourly Demand line comes near 7520

 

[manojborle]

Nifty future is near Demand line on 30 minute chart.
Hourly Demand line comes near 7520

Nifty future made a low of 7526.4, so almost there.
I could not trade today as there was power cut otherwise my plan was to short above 7570 and cover near 7520