Wednesday, December 14, 2016

How to identify trend days

Identifying trend days

1. Few of the trend days that I observed starts with a gap. Now, it doesn't mean the market is going to close in the direction of gap. Sometimes, markets even does the opposite, it will open 100 points up and will close 100 points down.

2. First 5 min bar will be a WRB(Wide range bar - big in size) bar. 

3. The correction bars will be very small in size.

4. On some trend days it will touch the 21 ema and on some days it will maintain a distance from 21 ema.

5. It is better to wait till the end of day to extract the full juice out of it.

On those days you need to make a entry fast if a doji appears on chart by keeping SL at doji low or on pullback. Better option would be wait for pullback and make an entry when pullback gets over.

Why I am insisting on pullback?
Because some non trending days will also match the characteristics of trending day.  On sideways days, there will be many days following pt.1 and pt.2 but the pullback bars will itself be large in size and pullback will be big.

See some charts below to analyze what I am trying to say.











Tuesday, December 13, 2016

NR7 stocks on 13 Dec

NR7 Stocks
ANDHRABANK
ARVIND
AUROPHARMA
BAJAJ-AUTO
BEML
EICHERMOT
ENGINERSIN
HAVELLS
HCLTECH
HEROMOTOCO
ICICIBANK
ICIL
INDUSINDBK
INFRATEL
JISLJALEQS
JSWENERGY
JUSTDIAL
LT
MARUTI
RCOM
RELCAPITAL
RPOWER
SIEMENS
SRF
TATACOMM
TV18BRDCST
UNIONBANK

WOCKPHARMA

Monday, December 12, 2016

NR7 stocks on 12 Dec



BHARTIARTL
CADILAHC
CAIRN
DIVISLAB
GAIL
HCLTECH
HDFC
HDFCBANK
ITC
NHPC
OFSS
POWERGRID

WIPRO


Sunday, December 11, 2016

NR 7 and NR21 Trading

Link : NR7 tutorial


NR21 stocks
AUROPHARMA
BATAINDIA
BHARATFIN
BRITANNIA
CAIRN
CENTURYTEX
COLPAL
CONCOR
CROMPGREAV
DHFL
EXIDEIND
HINDUNILVR
JETAIRWAYS
JISLJALEQS
LICHSGFIN
MINDTREE
NCC
NHPC
OIL
PETRONET
POWERGRID
SINTEX
SRF
TATAGLOBAL
TORNTPHARM
ULTRACEMCO

WIPRO

Tuesday, November 29, 2016

When does nifty make high and low for the day?


When does market make high?

09 represents time from 09:15 to 10:00
10 represents time from 10:00 11:00


HTML Code:
Count Time 
 404 09
 101 10
  73 11
  67 12
  86 13
 176 14
 297 15
Majority of the time markets make either in the morning or in the evening.

When does market make low?
HTML Code:
 319 09
  93 10
  85 11
 126 12
 114 13
 213 14
 252 15
It's interesting to know these stats. Don't know how can we take advantage of these figures.
What we see in the chart are the point with low time(x axis ) and (y axis ) for a day.
The x axis and y axis are actually in seconds. Like 09:16 a.m. will be 09*60+16 => 556. 

A single point represent a trading day.
X axis Low time
Y axis High time

If there is a point in the left top, that means for that trading day Nifty made the high at the end of the trading day and low at the open.

If there is a point in the right top, that means for that trading day Nifty made the high at the end of the trading day and low also at the end of the trading day. That's why chart is not dark at right top.





 

Thursday, November 24, 2016

Combined Premium for Nov 2016

8400 CE +PE

8500 CE +PE


8600 CE +PE



Saturday, November 12, 2016

Swing trading with Nifty

Swing trading is done on 30 min time frame.  Buy on the break of resistance and sell on the break of support. You are always in the trade.

Boxes are showing the points collected till that date.