This blog is my trading diary. It is an attempt to organise my analysis and thoughts. I follow the charting methods given in JUST NIFTY blog by Ilango sir and so the charts would have striking resemblance to his charts. I am indebted to Ilango sir for having made this blog possible for me.

March 18, 2011

Analysis for March 18

Nifty has closed below all 5EMA's and High EMA's and above all Low EMA's. Momentum will return back with a hourly close above 5475 and sustaining above that because it would result in a weekly close above Week EMA  and Day EMA.

March 15, 2011

Excuse me!!!

I am out of station for next two days.  Will not be able to post Intraday trades!!

March 14, 2011

Fast fall!!

Fast fall negated!!!

 There is a fastfall set up emerging in 5min NF graph!!NS got resisted exactly at day 5EMA and moving downwards!! For Intraday Short was taken @ NS 5475 with hourly close above 5490 NS as Stoploss 5 points above today's high.