Live Intraday Trading By Professional traders

[ryan4ucar]

price action not good enough for short right now..

it ried 3 times to go down beween 10.30 to 12 every time it held , does not mean it will go up now but shorts can get squeezed

 

[ryan4ucar]

shorted yesbank 282.5

 

[Vertigo_1985]

it ried 3 times to go down beween 10.30 to 12 every time it held , does not mean it will go up now but shorts can get squeezed

yeah..no edge..so better stay out.

 

[ryan4ucar]

on second thought i got out yesbank its actually broken down trend

 

[ryan4ucar]

yeah..no edge..so better stay out.

ya i have a small size just incase

 

[ryan4ucar]

solf 84.5 30% will buy back 83 cromgreav

 

[ryan4ucar]

out bhel -1

 

[ryan4ucar]

bhel needs to get below 115.5 for short dont trade in between

 

[Vertigo_1985]

studying volume, some observations -
1.Bars opposite of trend has less volume, bar size is small.
2.Volume as well as size expanding in trend direction.
3. During consolidation volume, range tends to become very low before expansion.
4. High volume @ 1230 in YES but small candle size.
5. RELCAP - high opening volume but a doji, indicating fight between buyers and sellers. After 1130 volume started increasing for bulls.
6. BHEL -high volume for both initial selling and pullback after 945 . Volume in downswing after 1030 lesser than upswing. Then volume started increasing and it made higher highs but failed to sustain.

 

[ryan4ucar]

added 83 cromp greaves