Trades Done 16–Sept – 2016

Overall Had loosing trade

 

Four of it hit stop loss.

 

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NIfty

Nifty was positive till afternoon after that it came down and as a result majority of the stocks along with it.

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Strategy I used was, Since Nifty was coming down and there was probability that it will hit the support and go up hence I thought I would buy these below mentioned stock at its support.

BHEL(Hit Stop Loss)

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Castrol(Hit Stop loss and then recovered, my bad)

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Hindalco(Hit Stop Loss)

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IRB(Got profit)

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PNB(Hit Stop Loss)

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Trade Done 15 -Sept- 2016

Today all the trade was profitable. I booked profit before reaching target as Market was dicy.

 

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Nifty

Today also Nifty was range bound.

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BHEL

This had flag pattern in daily chart hence traded for Intraday.

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5 Minute chart

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Indiacement

This was consolidating for very long time, Though didn’t breakout properly but booked profit in earlier breakout.

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PNB

This was consolidating and booked profit in the breakout.

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Voltas

This was having a cup and handle pattern and after that was consolidating for very long time hence booked profit in the breakout.

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