Thursday, 14 September 2017

Nifty Future 14092017

It traded inside previous day's range whole day.  In afternoon it formed a barb wire around BRN and once it broke out successfully, BOF of BRN trade was possible as marked which ended as a scratch.

Tuesday, 12 September 2017

Nifty Future 12092017

It opened full gap up and consolidated.  Once it broke out of initial range, it presented a setup to go long.  After that it again consolidated and breakout of this narrow range was a good trade setup which moved well.

Monday, 4 September 2017

Nifty Future 04092017

It opened and traded within previous day's last range.  A trade setup emerged once it broke below that range's low.  This was the only tradable setup of the day.  BOF of BRN in the afternoon is not a good setup to trade and hence avoided.  The reason is simple.  Prices need to consolidate after a good move and V shape reversals happen rarely.

Friday, 1 September 2017

Real P&L of stock future trader

I feel very proud and happy to share with all of you a 100% real P&L report of August 2017 for trading in stock futures in morning session.  It was shared with me by Mr. Kiran upon my request and here I am sharing the same with his consent.

Let's say you are a bit overweight and want to lose some weight.  For that you decide to join a good nearby gym.  In the gym, the instructor gives you a diet plan, shows you some exercises, guides you about the different exercise equipment in the gym and motivates you to lose weight.  Now it is up to you to follow all those instructions, do regular exercises, strictly maintain diet plan and remain committed to weight loss.  If you are able to do that, no one can stop you to lose weight and become healthy once again.  The gym that you joined only provided support and help to achieve your goal. Ultimately, you were the one who did all the hard work, controlled all the emotions within you and kept going.

This is exactly what Mr. Kiran did while trading with me in stock futures. He strictly followed the trade plan with discipline keeping emotions away and got results.  Here is the P&L,

Lets congratulate him for his achievement and thank him for inspiring us and making us believe that yes, it is possible, it is possible to make good money from trading.  Today it may sound a small amount of Rs. 20k but tomorrow there won't be any difficultly in growing it to 2 lakhs or 20 lakhs or 2 Crores.

If you are really serious about day trading like Mr. Kiran and wants to earn a regular monthly income by spending only couple of hours in the morning, you can join me and other 30+ passionate traders for highly profitable stock future trading.  Click here for all the details.

Keep visiting this blog for such success stories of traders.  Last month I shared one and in future also I would like to share more.

Tuesday, 29 August 2017

Bank Nifty Future 29082017

It opened below PDL and seemed to get accepted there.  BPB of PDL was a good setup to short and benefit from morning move.  In afternoon, it again presented a setup to short on BOF of range high which also moved well.

Monday, 28 August 2017

Nifty Future 28082017

It opened above PDH and took support exactly there.  Once it got accepted above PDH and BRN, a BPB setup to go long emerged which moved well after testing some patience.

Friday, 25 August 2017

Nifty analysis for next month

Lets have a look at its daily chart and try to figure out what exactly is going on there.

On daily chart, it seems to be in a nice strong up trend since start of this year 2017.  In an up trend like this, money can be made by buying into every pull back or buying at range low.  

After making a high of 10137, currently it is pulling back or doing a small correction.  Also it seems like it is in the process of forming a range like this,

If it has really started to consolidate, which seems likely, then 9700 to 10100 is the range to trade.  If it remains in this range, then buying at range low close to 9700 is the right thing to do.  If 9700 level does not hold and it breaks out of it, then it can likely test 9450-9350 levels.