Manoj's Trading Diary

[manojborle]

Short triggered @ 6072

Stop loss triggered but price could not close above it, so holding shorts

 

[jassinko]

Manoj bhai, what u say abt IIP data.... its better than estimate but mkt took resistance at 6080.... so does it mean mkt will see 6038 today?????

 

[manojborle]

Now 6031 is visible, 6200 CE OI has also crossed 70 lakhs so 6200 is not possible as of now may be possible only after correction at least upto 5995

 

[jassinko]

Now 6031 is visible, 6200 CE OI has also crossed 70 lakhs so 6200 is not possible as of now may be possible only after correction at least upto 5995

nifty spot needs two consecutive 5m candle close below 6066....as of now it is taking support here

 

[manojborle]

Manoj bhai, what u say abt IIP data.... its better than estimate but mkt took resistance at 6080.... so does it mean mkt will see 6038 today?????

I dont look into other info than chart, I just concentrate on charts

 

[manojborle]

Hourly candle close must be below 6045-6038 so the trendline will be broken by good amoount

 

[manojborle]

15 ema stands @ 5938 and has not been touched from last 23 days now, so 15 ema touch will be a very good long entry.

 

[jassinko]

I dont look into other info than chart, I just concentrate on charts

i was also saying chart language bro.... i said despite good iip... nifty didnt broke 6080 and then slide down towards its opening......

anyways nifty has to move below its day low for further downmove.......

b/w Europe futures are trading in green......non chart info

 

[manojborle]

Hourly candle close must be below 6045-6038 so the trendline will be broken by good amoount

candle closed @ 6057, so exited both shorts @ 6071.9 and went long @ 6072

 

[manojborle]

candle closed @ 6057, so exited both shorts @ 6071.9 and went long @ 6072

Total loss 9 points