Subhodeep Paul
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Nifty Daily 2019

Subhodeep Paul at 01:48 PM - Dec 31, 2018 ( ) Views: 1,392

4 1

Migrating from my old thread of nifty daily 2018; back today after a 10 day holiday from the markets... 

 I shall be penning my views and  levels of entry and exit  of the nifty  positional as well as intraday 

 Please note that position sizing is dependent on your trading corpus and all views expressed by me are meant for your understanding.

If anyone takes a trade, you are welcome but please have your own risk strategies  taking into account SL levels printed here

Request you to bookmark this page and like it if you find the views adding value


From: Subhodeep Paul at 02:04 PM - Dec 31, 2018( )


Wishing everybody compliments of the season and a very happy new year 


From: Subhodeep Paul at 02:14 PM - Dec 31, 2018( )


12 TRADING LAWS
 

 

1 DONT FORCE A TRADE

2 IF YOU ARE DEALING WITH PERSONAL ISSUES STAY AWAY

3 THE MARKETS WILL BE HERE TOMORROW

4 THE MARKETS CAN STAY IRRATIONAL LONGER THAN YOU CAN STAY SOLVENT

 

 

5 FOCUS ON SMALL NUMBER OF HIGH CONVICTION TRADES

6 ONLY TRADE MARKETS AND SCRIPS THAT YOU HAVE THOROUGHLY RESEARCHED AND FOLLOW

7 TRADE YOUR TIME FRAME

8 WATCH PRICE ACTIONS LIKE A HAWK

 

 

9 STUDY AND LEARN FROM YOUR LOSSES

10 AVERAGE IN ON YOUR WINNING TRADES AND INCREASE YOUR WINNERS

11 DONT PUT ON TOO LARGE A POSITION

12 YOU DONT NEED TO TRADE THE TREND

 


From: Subhodeep Paul at 10:43 AM - Jan 01, 2019( )


would also encourage ladies and gentlemen in the group to write their own reads and comments on my wall as well as it shall give me a better perspective. constructive as well as destructive criticism both welcome; I shall sieve through the constructive ones ;)


(1 to 20 out of 35) - Latest Replies on Top | First | << Previous | Next >> | Last |
Subhodeep Paul at 04:30 PM - Jan 16, 2019 ( )

10850 ns 10874nf these are levels of support for tomorrow.

Subhodeep Paul at 04:21 PM - Jan 16, 2019 ( )

( https://invst.ly/9spyh) the dotted red line which is the same as  yesterdays snapshot remains at exactly the same place the resistance  which  the nifty could not manage to cross , then comes the red line above that sustaining shall lead nifty to 11011 and 11044 for the first moves the longer timeframe opens up to 11111 -11200 where the chances of a head and shoulder pattern forming are quite evident ,; please keep these levels in mind and look to scalp and carry less or no positions either way of long or short. 

Trading the nifty shall start getting tougher and tougher because most of the times now the markets shall trade in a zone which shall lead both the long and short to break their heads and yet not break levels ont he upside or downside. clarity and good news is required for the up move though i am not too sure who shall be the harbinger of it.

Subhodeep Paul at 04:21 PM - Jan 16, 2019 ( )

( https://invst.ly/9spyh) the dotted red line which is the same as  yesterdays snapshot remains at exactly the same place the resistance  which  the nifty could not manage to cross , then comes the red line above that sustaining shall lead nifty to 11011 and 11044 for the first moves the longer timeframe opens up to 11111 -11200 where the chances of a head and shoulder pattern forming are quite evident ,; please keep these levels in mind and look to scalp and carry less or no positions either way of long or short. 

Trading the nifty shall start getting tougher and tougher because most of the times now the markets shall trade in a zone which shall lead both the long and short to break their heads and yet not break levels ont he upside or downside. clarity and good news is required for the up move though i am not too sure who shall be the harbinger of it.

Subhodeep Paul at 10:05 AM - Jan 16, 2019 ( )

10925  touched..

Subhodeep Paul at 01:05 PM - Jan 16, 2019 ( )

hope this helped... till 94437 zones not probed  can carry on for mentioned prints of 965 988

Subhodeep Paul at 12:47 PM - Jan 16, 2019 ( )

exit at or baove 955 or trail with 942

Subhodeep Paul at 12:47 PM - Jan 16, 2019 ( )

exit at or baove 955 or trail with 942

Subhodeep Paul at 11:11 AM - Jan 16, 2019 ( )

modifying sl  to 10897.5

Subhodeep Paul at 11:11 AM - Jan 16, 2019 ( )

modifying sl  to 10897.5

Subhodeep Paul at 10:47 AM - Jan 16, 2019 ( )

buy nifty at 10945 or below sl 10912 trgt 10965 988

Subhodeep Paul at 10:47 AM - Jan 16, 2019 ( )

buy nifty at 10945 or below sl 10912 trgt 10965 988

Subhodeep Paul at 10:05 AM - Jan 16, 2019 ( )

10925  touched..

Subhodeep Paul at 09:37 PM - Jan 15, 2019 ( )

the markets opened flat tested hardly tested lows and had an open drive up the initial balance or first hr range worked outto somewhere around 82 points, did not even come back once and test vwap; thereby implying that there was more legs to the the upside whilst it did come and test 10850 levels (future) it never made any attempt to fall thereby changing a lot of perceptions and perspectives . the futures did manage to go and touch 10940 odd levels which was the day high levels and it did so in the last hr helped by other time frame buying coming in from the 10876 10892 odd range the point of control does shift up andwhile it si important to see nifty spot cross 10898 10925 10963 in this week , but even with such upmoves the monthly data still is negative... strategies to be kept in mind while trading here is mean reversion and trend follow; crude seems to have a strong resistance at 52 dollarsa barrel (WTI).. and while hpcl futures did a low of 230 yesterday the pullback to 242 did raise a lot of eyebrows, possiblly because of the settlements of crude bills with iran to happen in inr.metals also did hold ground and weakness was arrested by china data stimulus news... all of asia in fact did have the cushion of coming in on the back of positive news flow and maintaing their upticks.

please click on this link to view the important reference levels of nifty(https://invst.ly/9sexx) copy paste the link on your browser

Subhodeep Paul at 10:09 PM - Jan 15, 2019 ( )

henceforth shall be adding a link of a snapshot of my study for reference...

Subhodeep Paul at 09:37 PM - Jan 15, 2019 ( )

the markets opened flat tested hardly tested lows and had an open drive up the initial balance or first hr range worked outto somewhere around 82 points, did not even come back once and test vwap; thereby implying that there was more legs to the the upside whilst it did come and test 10850 levels (future) it never made any attempt to fall thereby changing a lot of perceptions and perspectives . the futures did manage to go and touch 10940 odd levels which was the day high levels and it did so in the last hr helped by other time frame buying coming in from the 10876 10892 odd range the point of control does shift up andwhile it si important to see nifty spot cross 10898 10925 10963 in this week , but even with such upmoves the monthly data still is negative... strategies to be kept in mind while trading here is mean reversion and trend follow; crude seems to have a strong resistance at 52 dollarsa barrel (WTI).. and while hpcl futures did a low of 230 yesterday the pullback to 242 did raise a lot of eyebrows, possiblly because of the settlements of crude bills with iran to happen in inr.metals also did hold ground and weakness was arrested by china data stimulus news... all of asia in fact did have the cushion of coming in on the back of positive news flow and maintaing their upticks.

please click on this link to view the important reference levels of nifty(https://invst.ly/9sexx) copy paste the link on your browser

Subhodeep Paul at 04:35 PM - Jan 10, 2019 ( )

10853 nf ad 10821 ns.... personal note to self still a lot of doings required,

10896 10925 nf and then nspot levels  which shall lead to 11000 -11111 range opening up 

11200 is the right shoulder. care needs to be taken there as well "eom -16:35"10th jan

Subhodeep Paul at 09:08 AM - Jan 10, 2019 ( )

so no gap ups of big measure....lets see how the action pans out for starters 10848 is the point till where i am comfortable for longs ..... let the action unravel ..................

Subhodeep Paul at 06:55 AM - Jan 10, 2019 ( )

Expect gap ups  personally I would not want the market to open with big gap and then meander down....

On a longer time frame the markets from here shall open up 11111 11121 range... So would ideally want it to be a steady move and not a move with gaps  for that in itself all tell us whether by first of feb  and by the 1st of March we are on course fora new high or we test the bottoms ...Giving this perspective so that no one is biased on his/her position.

Subhodeep Paul at 02:07 PM - Jan 09, 2019 ( )

decent trap it was hope forewarning helped....

Subhodeep Paul at 10:49 AM - Jan 09, 2019 ( )

nothing  changes till the highs are not taken out  and 10963 is not seeon on print on the nf and abvoe 0925 on the nifty spot.... today just might be a day when the enthusiastic bulls might just walk into a decent trap.

Subhodeep Paul at 10:49 AM - Jan 09, 2019 ( )

nothing  changes till the highs are not taken out  and 10963 is not seeon on print on the nf and abvoe 0925 on the nifty spot.... today just might be a day when the enthusiastic bulls might just walk into a decent trap.

Subhodeep Paul at 02:47 PM - Jan 07, 2019 ( )

sl triggered

Subhodeep Paul at 02:39 PM - Jan 07, 2019 ( )

trade active

Subhodeep Paul at 02:39 PM - Jan 07, 2019 ( )

trade active

Subhodeep Paul at 01:57 PM - Jan 07, 2019 ( )

buy nifty future at 10830 10818 with sl at 10805 10795 trgt as per greed...

Subhodeep Paul at 01:57 PM - Jan 07, 2019 ( )

buy nifty future at 10830 10818 with sl at 10805 10795 trgt as per greed...

Subhodeep Paul at 10:13 AM - Jan 07, 2019 ( )

for everything else please be careful whilst trading 40 to 50 point scalping should not be a problem for an intraday or btst trades but please maintain your sl in place 1:1 risk reward being the maximum risk that at least I am willing to take, not more.

Subhodeep Paul at 10:10 AM - Jan 07, 2019 ( )

my 2cents for a longer time frame: it seems that nifty shall test 11000 11200  before we do anything different, it seems that when the right shoulder shall form thats when we need to be watchful and not be biased about the positions one holds.

Subhodeep Paul at 03:03 PM - Jan 04, 2019 ( )

even if we get a close at or above 10700 and range being 10750 the structure still remains weak, the results season is approaching so trade with caution  .

 Positionally please dont get overwhelmed by fast upmoves and fast down moves. maintain stops .

The bulls shall start to bellow when we get a close of 10828 on the nf and 10786 on the nifty spot.... 

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