The author is a SEBI Registered Research Analyst (INH000004796) and a NISM certificate holder in Equity Derivatives Market. The certification is provided by National Institute of Securities Markets.

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Friday, September 26, 2014


After a vicious selling for the last 2 days, a bounce was expected. Took BOF Median short. TP at PDC.
Went long on BOF IRL. A higher low created. Median acted like a MSP. Guessed it would be crossed. So did not TP at median. Thought BNF would hit 15800. But TP as indicated.

Thursday, September 25, 2014


BNF did not even cross yesterday's MSP. Weakness was evident. Tried a short below IRL. Was successful. Below PDL BNF became even more weak. TP when price bounced. Another short on breakdown of a consolidation. TP at pin bar formation.

Wednesday, September 24, 2014

Tuesday, September 23, 2014


After the open the price could not reach even PDH thus creating a lower high. Took BPB PDC short below the indicated swing low. I traded till 3:10 today. TP at that point.

Monday, September 22, 2014


BNF gaped down. Offlate it is showing strength. Was soon trading above PDL. Took BPB PDC long .TP at 16280 previous resistance.
Did not take the last TST trade. Missed the down move.

Friday, September 19, 2014

Thursday, September 18, 2014


Long as BPB PDH. TP at previous resistance area 510. No other trades.

Wednesday, September 17, 2014


TS was bouncing from supports of 490 on daily charts. Gaped up but could not sustain. Went short as BOF IRL below then low. TP at PDL. Went long as LOL BOF above MSP. TP at BRN which was around median. No other trades.

Monday, September 15, 2014


Traded BNF. Took BOF BRN/PDL long. TP at BRN 16300. No other trades as was held up with other work

Friday, September 12, 2014


BNF opened above BRN and sold off. I was bullish on BNF and was looking to buy. Finally got an entry as BOF PDL above minor swing high. TP when price did not even reach PDC. I assumed the down move to be a mere SL triggering. Long as TST PDL. I expected it to test the DO and BRN. TP at BRN. No other trades.

Amara Raja Batteries: Possible Breakout

Tuesday, September 09, 2014

Monday, September 08, 2014

Before and After

Some Charts


                                                                   ENGINEERS INDIA

                                                                      GODREJ INDUSTRIES


                                                                      TATA SPONGE

                                                             ZYDUS WELLNESS

Please Note: These are only my studies and not an advise to buy. Readers may study the charts for themselves in detail and take their decisions.