Thursday, October 8, 2015

My Trading Plan for Nifty Bank Nifty 8th October 2015

My Trading Plan for Nifty Bank Nifty  8th October 2015 
This is how I will Trade Today
Will buy Nifty above 8220-8230  or Sell it short below  8160-70  with appropriate stop loss.
Will Buy Bank Nifty above 17740-17750 or Short sell it below 17500-17510  with Stop losses.
For buying and Selling  in Bank Nifty I will use Bank Nifty Future and for Nifty I will use deep in the money calls or deep in the money puts.
I am not sure than indices will touch my levels.
If the indices fail to do so I will remain on sidelines.

Wednesday, October 7, 2015

My Trading Plan for Nifty Bank Nifty 7th October 2015

My Trading Plan for Nifty Bank Nifty  7th October 2015 
This is how I will Trade Today
Will buy Nifty above 8190 or Sell it short below  8115 with appropriate stop loss.
Will Buy Bank Nifty above 17770 or Short sell it below 17385  with Stop losses.
For buying and Selling I will use deep in the money calls or deep in the money puts.
I am not sure than indices will touch my levels.
If the indices fail to do so I will remain on sidelines.
Trade Result :
  Bank Nifty No trade.

Entered nifty at 8186 and exited with small stop loss
 

Tuesday, October 6, 2015

My Trading Plan for Nifty Bank Nifty 6th October 2015

My Trading Plan for Nifty Bank Nifty  6th October 2015
This is how I will Trade Today
Will buy Nifty above 8241 or Sell it short below  8119 with appropriate stop loss.
Will Buy Bank Nifty above 18024 or Short sell it below 17620 with Stop losses.
For buying and Selling I will use deep in the money calls or deep in the money puts.
I am not sure than indices will touch my levels.
If the indices fail to do so I will remain on sidelines.
Trade Result :
Bought Bank Nifty Puts and Nifty puts Simultaneously When bank Nifty touched 17620   and Nifty was trading at 8148.
Stopped  out at bank Nifty 17585 and Nifty 8138  when market started up move at 1344 IST.
Exited with Nominal profit only after accounting for Brokerage.

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