Diary of a day trader - Part 2

[soft_trader]

VPS again banned. What is going on? Participation of Brokers in TJ is not allowed or what?

 

[PartTime_Trader]

BNF complete a full flag on Daily (no of session in Pole = no of session in Flag, 9 each)

Break-out will be confirmed if closes above yesterdays high.

Effectively take home swing longs above 12680, or take home swing short below 12520


Cheers
::thumb::

 

[EagleOne]

@PartimeTrader
Thanks, boss. Now that is beautiful and precise analysis of BNF. Makes it worthwhile coming to TJ during trading session!
Been waiting since morning to see the bull-bear fight ending either way.

(By the way, triple top is also being formed on hourly)

 

[bear]

it would be wise to short especially bank nifty below 12580

 

[Arsh]

March factory output growth accelerates to 2.5 percent... :thumb:

Car sales fall 10 percent in April: industry body :lol:

 

[EagleOne]

Nifty doesn't want to go up, BNF doesn't want to come down. Being friday today, it seems only options of both sides will get fried.

 

[PartTime_Trader]

it would be wise to short especially bank nifty below 12580

My level for intraday short on bnf was 12560, trade triggered but no follow-through, bounced back into the range from the opening lows, so a scratch trade there


Cheers
::thumb::

 

[timepass]

My level for intraday short on bnf was 12560, trade triggered but no follow-through, bounced back into the range from the opening lows, so a scratch trade there


Cheers
::thumb::

Scratch trade is right !! Everyone left scratching their heads

 

[EagleOne]

BNF 15 min HnS. Seems it is also about to get mrityu-dand!

 

[bear]

since the start of may series only frying of options both on long and short side nobody is gaining either