Percentage of Positive and Negative Closing in Nifty
I made a small analysis of Nifty data for 8 years to check which days give more positive closing and the one gving negative closing, and the result – check it for yourself. .
Bank Nifty Trading
It’s been a long day in a market which has been generous to us today. I was going through the trades we have done in the past two weeks to iron out chinks. One statistic which caught my attention has been the performance we churned out in the Bank Nifty. We made a lot of […]
Position Update : 24th Sept
*** INTRA-DAY TRADES *** * Buy Bank Nifty above 12180, sl 12140, tgt 12225/ 12260.Booked at tgt 1. TSL at 12207 hit on bal.* Buy Bank nifty at 12240, sl 12230, tgt 12290/ 12335.Tgt 1 done.50 % booked . Bal 50 % made into a BTST trade for Monday open* Buy Nifty at 5486, sl […]
Position Sizer
Please download the file from the link below : http://www.4shared.com/file/AV9RMx2Z/Virens_Position_Sizer.html It’s an excel sheet and you will have to enable macros for it to run properly. All instructions to use it are given. Please comply with the same.
A Conversation…
Janak Said : Dear Shai, Viren, Girish, Today – I thought I learnt a revealation about market profile. No matter – how much market slides, it will go back and touch the white line and maybe VWAP – it was around 3 pm and shai was discussing abt. some stock – BN made a sharp […]
Mid-day report ( 24th Sept)
We identified this trend day early today and are pleased to see the Nifty at 6032 levels currently. There was little doubt that once yesterday’s 5947-5976 was resolved, we would see strength above 5990 levels. We initiated and booked some very good trades so far : Consider these intra plays : *Long Nifty at 5984. […]
Position Update : 23rd Sept
*** INTRA-DAY TRADES *** * Sell Bank Nifty below 12250, sl 12290, tgt 12210. Tgt done * Sell Bank nifty below 12210, sl 12040, tgt 12160/ 12135. Tgt 2 done. Bank Nifty total points : + 110 points Nifty total points : — points. ———————————————————————— *** NEW TRADES ***Buy M& M in cash at 792, […]
EOD Report 23rd Aug
Heading into the open, we were very clear on what the bias of the day should be. Yesterday after about 2 weeks and 500 points of an upmove, we had seen range extension on the downside and were willing to speculate that step 2 was done and we were in early stages of step 3. […]
Mid-day Update 23rd Sept
At 11.30 am the markets are trading at 5978 in the Nifty and 12260 in the BN. 5978 is the value low in the Nifty and 12260 is value high in the BN. The BN is operating within range of yesterday which itself was an ‘inside day’. Use 12260-12210-12200 to detrmine your direction in the […]
EOD Update 22nd Sept
A higher than normal ATR is ensuring that we are getting good moves in the Nifty and the BN. The Nifty’s ATR is a bit more than the BN currently and the 40 point swings we see in the NIfty may not end soon. It’s a good day trade environment and if you are not […]