Jet Airways

I am adding Jet Airways in our watch list.....

In the appropriate time, i feel we may get bottom fishing opportunity...

The above message is not a trading call or tips to anyone....

The observation is purely for knowledge purpose.....and my recording purpose...

Nifty - No trading Zone Whole Day

Nifty has not given any opportunity today to trade..

My observation is to buy 8200 Call Option, if hit the bottom level.....(My preference is not to sell today)...

However, today 8200 call not given opportunity for trading....

The above message and chart is for knowledge purpose and not a trading call or tips...

Let us do some homework to night and identify some observations for tomorrow...

Take Care...

HCL Tech

 

HCL Tech 720 Call Option confirmed the upside trend (in the morning first candle itself) and hit the next level......

Yesterday, posted our observation (not a tip) and same pattern has established today and HCL Tech moved upside.....

If you do some base work and read the chart....making money is easy...

Now...let us relax...

News Trading and Fundamental Analysis

Why we should not trade based on News.....

Read the following : Source from Internet...

Let’s look at an example to make this easier…

You are considering taking a perfectly good pin bar trade on the daily chart time frame that is in-line with the daily chart trend. The only thing giving you any hesitation is that a big economic news release that is scheduled to come out tomorrow. You sit there, stewing about, trying to decide if you should take the trade or not, over-thinking, over-analyzing because you’re reading everything you can about the expected impact of this news event. After much deliberation (and wasted time and mental energy) you decide to sit this trade out because everything you read says the market may move the opposite direction from the direction implied by the price action and technical analysis you’ve done.

Tomorrow comes, the trade is already working out as you expected before the news event is released. Then, the news comes out, BAM, the market is off to the races, screaming 150 pips in the direction you were going to trade, completely opposite to what everything you read said. You feel like someone just punched you in the gut, you feel angry, stupid and frustrated that you didn’t take that trade because you listened to all those outside opinions.

This is just one example of how news trading and fundamental analysis negatively affects trading performance. I have learned through my experience to avoid news like the plague.

Yes Bank

Yesbank opportunity missed by 2 points...(bottom fishing)....and almost hit our top....

Our homework is perfect....but, opportunity not established......

Anyway now....we will concentrate on HCLTech moving as per our Direction (i.e.based on HCLTech 720 call option...check our post)...

Learn and Earn......

Yes Bank

Yesbank in my Radar......

Level to be watched out 1059 and 1046.....

The above message is not tip to anyone........we know how trade.....we are posting for our recording purpose for our future analysis....

Nifty

Today Nifty may follow 8100 Call Option....

Above message is not a tips....or asking anyone to follow...

If you have knowledge, read the chart and understand.....

Learn and Earn.....

Congrats

Congrats Mr.Krishna Swamy.....for your learning and applying your own knowledge (not any guidance from anyone / No tips).....

This is the right way of making money....depending your knowledge and applying with proper guidance by a Mentor....

All credits goes to your Homework and reading the chart properly with dedication...

Take Care...