Trades 29-11-2011

There were two trades in NIFTY, first stopped out. DLF trade made the 3.5 point target.

29-11-2011

The levels are marked as Buy, Sell or Buy/Sell. At levels marked Buy/Sell you can take long and short trades.
· Trades are executed after two minutes from open, i.e. after 9:17 and usually one trade per day. Only take the first trade that comes after open.
· After open, watch the levels and current price. Only the first trade is executed. If a level says Buy and if price is above that level, then buy on a pull back to that level. If price is below that level, wait for a break above that level, and buy on a pull back to that level. If a level says Sell and if price is below that level, then sell when price reaches that level. If price is above that level, wait for a break below that level, and sell on a pull back to that level. If the level says Buy/Sell, then if price is above that level, buy on a pull back; if price is below that level, sell when price reaches that level.
· Usually only one trade is executed on a day. However if stopped out in the first trade, then take the trade at the next level also.
· Breakout is determined on the basis of closing price on a 2 minute chart. Close should be clearly above or below the level. If you do not have a chart, wait for price to trade above below the level for 1 or 2 minutes to validate breakout.
· Do not expect entry at the exact level, execute trades near the levels. SL is calculated from the level, not from the entry price.

Date:		29-11-2011	Symbol:	NIFTY Fut
Directional Sentiment:		Up	SL/target:	12/30
Level	Comments
4874.50	Buy
4840	Buy

Date:		DLF	Symbol:	DLF
Directional Sentiment:		Up	SL/target:	1.5/3.5
Level	Comments
210.30	Buy
208.80	Buy/Sell
203.40	Buy

Trades 28-11-2011

No trade in NIFTY today. DLF traded above our last sell level for more than 2.5 hours, we are focused on opening trades. Even if u entered short later, SL was not hit nor target made. May be a break even trade. 

28-11-2011

·         The levels are marked as Buy, Sell or Buy/Sell.  At levels marked Buy/Sell you can take long and short trades.

·         Trades are executed after two minutes from open, i.e. after 9:17 and usually one trade per day. Only take the first trade that comes after open.

·         After open, watch the levels and current price. Only the first trade is executed. If a level says Buy and if price is above that level, then buy on a pull back to that level.  If price is below that level, wait for a break above that level, and buy on a pull back to that level. If a level says Sell and if price is below that level, then sell when price reaches that level.  If price is above that level, wait for a break below that level, and sell on a pull back to that level. If the level says Buy/Sell, then if price is above that level, buy on a pull back; if price is below that level, sell when price reaches that level.

·         Usually only one trade is executed on a day. However if stopped out in the first trade, then take the trade at the next level also.  

·         Breakout is determined on the basis of closing price on a 2 minute chart. Close should be clearly above or below the level. If you do not have a chart, wait for price to trade above below the level for 1 or 2 minutes to validate breakout.

·         Do not expect entry at the exact level, execute trades near the levels. SL is calculated from the level, not from the entry price.

Date:		28-11-2011	Symbol:	NIFTY Fut
Directional Sentiment:		Sideways	SL/target:	12/30
Level	Comments
4767-4772	Buy/Sell
4705	Buy/Sell
4766	Buy/Sell

Date:		28-11-2011	Symbol:	DLF Cash
Directional Sentiment:		Sideways	SL/target:	1.5/3.5
Level	Comments
209.209.50	Sell
203.20	Buy/Sell
199.30	Buy/Sell
195	Buy/Sell
191.30	Buy/Sell

Trades 24-11-2011

There was one trade each in NIFTY and DLF. Nifty trade stopped out but DLF trade made 3 points.

24-11-2011

·         The levels are marked as Buy, Sell or Buy/Sell.  At levels marked Buy/Sell you can take long and short trades.

·         Trades are executed after two minutes from open, i.e. after 9:17 and usually one trade per day. Only take the first trade that comes after open.

·         After open, watch the levels and current price. Only the first trade is executed. If a level says Buy and if price is above that level, then buy on a pull back to that level.  If price is below that level, wait for a break above that level, and buy on a pull back to that level. If a level says Sell and if price is below that level, then sell when price reaches that level.  If price is above that level, wait for a break below that level, and sell on a pull back to that level. If the level says Buy/Sell, then if price is above that level, buy on a pull back; if price is below that level, sell when price reaches that level.

·         Usually only one trade is executed on a day. However if stopped out in the first trade, then take the trade at the next level also. On days marked with Directional sentiment sideways, two trades can be taken, the very first trade and another trade at any of the extreme levels.

·         Breakout is determined on the basis of closing price on a 2 minute chart. Close should be clearly above or below the level.

·         Do not expect entry at the exact level, execute trades near the levels. SL is calculated from the level, not from the entry price.

Date:		24-11-2011	Symbol:	NIFTY Fut Nov
Directional Sentiment:		Down	SL/target:	12/30
Level	Comments
4800	Sell
4753	Sell
4658-4660	Buy/Sell

Date:		24-11-2011	Symbol:	DLF Cash
Directional Sentiment:		Sideways	SL/target:	1.2/3
Level	Comments
202.70	Sell
199.80	Sell
196	Sell
193.20	Buy/Sell

Trades 23-11-2011

Today no trade triggered in NIFTY. There was one short trade in DLF and it hit stop loss.

23-11-2011

·         The levels are marked as Buy, Sell or Buy/Sell.  At levels marked Buy/Sell you can take long and short trades.

·         Trades are executed after two minutes from open, i.e. after 9:17 and usually one trade per day. Only take the first trade that comes after open.

·         After open, watch the levels and current price. Only the first trade is executed. If a level says Buy and if price is above that level, then buy on a pull back to that level.  If price is below that level, wait for a break above that level, and buy on a pull back to that level. If a level says Sell and if price is below that level, then sell when price reaches that level.  If price is above that level, wait for a break below that level, and sell on a pull back to that level. If the level says Buy/Sell, then if price is above that level, buy on a pull back; if price is below that level, sell when price reaches that level.

·         Usually only one trade is executed on a day. However if stopped out in the first trade, then take the trade at the next level also. On days marked with Directional sentiment sideways, two trades can be taken, the very first trade and another trade at any of the extreme levels.

·         Breakout is determined on the basis of closing price on a 2 minute chart. Close should be clearly above or below the level.

·         Do not expect entry at the exact level, execute trades near the levels. SL is calculated from the level, not from the entry price.

Date:		23-11-2011	Symbol:	NIFTY Fut Nov
Directional Sentiment:		Sideways	SL/target:	12/30
Level	Comments
4915	Sell
4873	Sell
4768	Buy/Sell

Date:		23-11-2011	Symbol:	DLF
Directional Sentiment:		Sideways	SL/target:	1.5/3.5
Level	Comments
205	Sell
199	Buy/Sell

Trades 22-11-2011

There were one trade each in NIFTY and DLF and both achieved the target. 30 points for NIFTY and 3.5 points for DLF.

22-11-2011

·         The levels are marked as Buy, Sell or Buy/Sell.  At levels marked Buy/Sell you can take long and short trades.

·         Trades are executed after two minutes from open, i.e. after 9:17 and usually one trade per day. Only take the first trade that comes after open.

·         After open, watch the levels and current price. Only the first trade is executed. If a level says Buy and if price is above that level, then buy on a pull back to that level.  If price is below that level, wait for a break above that level, and buy on a pull back to that level. If a level says Sell and if price is below that level, then sell when price reaches that level.  If price is above that level, wait for a break below that level, and sell on a pull back to that level. If the level says Buy/Sell, then if price is above that level, buy on a pull back; if price is below that level, sell when price reaches that level.

·         Usually only one trade is executed on a day. However if stopped out in the first trade, then take the trade at the next level also. On days marked with Directional sentiment sideways, two trades can be taken, the very first trade and another trade at any of the extreme levels.

·         Breakout is determined on the basis of closing price on a 2 minute chart. Close should be clearly above or below the level.

·         Do not expect entry at the exact level, execute trades near the levels. SL is calculated from the level, not from the entry price.

Date:		22-11-2011	Symbol:	NIFTY Fut
Directional Sentiment:		Down	SL/target:	12/30
Level	Comments
4873	Sell
4841	Sell
4768.50	Buy

Date:		22-11-2011	Symbol:	DLF
Directional Sentiment:		Down	SL/target:	1.5/3.5
Level	Comments
205.50	Sell
200-200.50	Sell
193.20	Buy