Debashish Mukherjee
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My Trade / My Log Entry

Debashish Mukherjee at 02:48 PM - May 26, 2019 ( ) Views: 2,350

2

So, will start watching along with you wonderful people out there, a few trades (it's my trade ONLY), whether simple calculations work or not.

I study data recieved from google finance (delayed by 15 min)....so by the time the opening price appears on GoogleSheet, Probably I might have initiated that trade already.

The elements will be like this (prices of 24-5-2019)

SYMBOL.....BHARATFIN

Buying Above    1011.10      For 1016 / 1022 / 1029
Selling Below     1006.30      For 1002 / 996 / 989
 
RISK                   4.80
REWARD            5 / 11 / 18
 
INTRADAY - SPOT PRICE (Google Delayed) These will be ** My Trade / My Log Entry **  and Not a Recomendation.

When Buying (around the mentioned price), the Sell Below becomes my S/L.....if gets hit I reverse it......sometimes get lucky....sometimes don't.....like on Friday after buying my s/l got taken at around 10.30...around 11.00 I got a chance again and bought (didn't took the reverse trade, waited instead...got lucky) again....day ended good.

Logic of taking any particular trade......Have no Idea.....I study prices....check data when in doubt.....and initiate trade.


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Debashish Mukherjee at 12:42 PM - Jun 06, 2019 ( )

Reached all three tgts Nifty and Banknifty....and pidilitind......my bias of a positive move gone for a toss.....made a small loss...instead of converting position should have stayed on.

Debashish Mukherjee at 10:40 AM - Jun 06, 2019 ( )

1264.25.....3rd came as well

Debashish Mukherjee at 09:14 AM - Jun 06, 2019 ( )

PIDILITIND
 
OPEN--1287

Buying Above ------ 1289.7 ------ (For ------ 1295 / 1302 / 1310)
 
Selling Below ------ 1284.3 ------ (For ------ 1279 / 1272 / 1265)
 
Risk ------ 5.4
 
Reward ------ 6 / 12 / 21
 
This is what I'm planing today for my trade and it's "Not a Recomendation"
 
 

Debashish Mukherjee at 10:31 AM - Jun 06, 2019 ( )



Will it?

Debashish Mukherjee at 10:15 AM - Jun 06, 2019 ( )



Debashish Mukherjee at 09:58 AM - Jun 06, 2019 ( )

Pidilitind....came down and met 2nd tgt

Debashish Mukherjee at 09:39 AM - Jun 06, 2019 ( )

1st tgt (downside) of all 3 done....but still feel, buying chance will come today

Debashish Mukherjee at 09:14 AM - Jun 06, 2019 ( )

PIDILITIND
 
OPEN--1287

Buying Above ------ 1289.7 ------ (For ------ 1295 / 1302 / 1310)
 
Selling Below ------ 1284.3 ------ (For ------ 1279 / 1272 / 1265)
 
Risk ------ 5.4
 
Reward ------ 6 / 12 / 21
 
This is what I'm planing today for my trade and it's "Not a Recomendation"
 
 

Debashish Mukherjee at 09:10 AM - Jun 06, 2019 ( )

BANKNIFTY
OPEN--31523.95
BIAS (BUY SIDE)
S/L --- 31373
Buying Above ------ 31565 ------ (For ------ 31616 / 31710 / 31805)
Selling Below ------ 31484 ------ (For ------ 31433 / 31344 / 31257)
Risk ------ 51
Reward ------ 145 / 240 / 337


This is what I'm planing today for my trade and it's "Not a Recomendation"

Debashish Mukherjee at 09:08 AM - Jun 06, 2019 ( )

NIFTY
OPEN--12039.8
BIAS (BUY SIDE)
S/L --- 11959
Buying Above ------ 12058 ------ (For ------ 12086 / 12133 / 12181)
Selling Below ------ 12022 ------ (For ------ 11995 / 11952 / 11909)
Risk ------ 28
Reward ------ 75 / 123 / 172


This is what I'm planing today for my trade and it's "Not a Recomendation"

Debashish Mukherjee at 12:46 PM - Jun 05, 2019 ( )

May 28th News was this "Info Edge (India) Ltd, which owns online job portal Naukri, on Tuesday said it will acquire Highorbit Careers - that operates job portals iimjobs.com and hirist.com"...chart reason is this

(Chart coutersy Trading view India)

Debashish Mukherjee at 08:46 AM - Jun 05, 2019 ( )



Debashish Mukherjee at 09:23 AM - Jun 05, 2019 ( )

Not sure, but if we go by my earlier logic......Pidilite Industries Limited

If we count last  "O"s....there were 9 of them.....so 9x3=27.......27x20 (box size) = 540

540+1100 (last low) = 1640

If breaks 1314 then is 1640 a possiblity or it's an eutopian dream.....there definitely is life (read factors) beyond caluculations.....but last high was 1312 (15-Apr)....last low 1095 (15-May)......a difference of 217 points......so if it's on a uptrend with minor hiccups then one can dream for 1500-1600....who knows whats in store!!!





 

Debashish Mukherjee at 09:00 AM - Jun 05, 2019 ( )

Sorry typo...*concurs

Debashish Mukherjee at 08:58 AM - Jun 05, 2019 ( )



In fact hourly chart also concers.

Debashish Mukherjee at 08:46 AM - Jun 05, 2019 ( )



Debashish Mukherjee at 08:33 AM - Jun 05, 2019 ( )

A crude example of target finding (the P&F way) could be like this (don't pounce on me, I had already mentioned it's a very crude calculation)

1945 to 2443 = 498

Take the low....1945....count number of boxes of "O" column (3)

Multiply number of boxes by reversal amount (in chart it states 3...standard is either 3 or 0.25%)

So, 3x3=9

Multiply that by box size...here (in chart) its 50

50x9=450

Now add this (450) to the low price....that is 1945+450=2395

High was 2443......calculated result 2395 (short by 48 points)....itna toh chalta hai....laughing

 



Debashish Mukherjee at 08:06 AM - Jun 05, 2019 ( )

Hi all,

Sharing a much used practised.....seniors can contri but or disagree....but here it goes......a very much used sentence, that's very commonly used in share market is "buy on news sell on rumor"....to give you an example....I go to Google Trend....select "India" >>>> "Business & Industrial" >>> put search term as "Nifty 50"......and google starts showing me most searched for news/articles related to Indian Business and Industry for the past 7 days/1 Month....I saw "Info Edge (Naukri wala company)" coming repeatedly....so I search for Info Edge company's historical (past 7 days) share prices.....see the screen shot



On ther left is downloaded CSV data of past 7 days (hourly search result).....I listed the total search results (E10:E16) here. Cell D6 shows the maximum number of search (past seven days) and date+hour......now check price of share on that day (red border wala area)....I think What it says is prior to creating high people were searching for some news......starts pulling down the price (see pink box).....the search got increased by the day, people start to accumulate the shares of Naukri and took the price to the top (at about 2 pm on 3rd) ....because by that time it might have created some sort of a buzz.....so, you can see from 1945 to 2443 = 498 rupees jump within 3-4 days.....you can clearly make out the high came around that time because the price closed near day high.....or it might be one time affair as it was the day of super bull.....but whatever it is it can be used as a scanner of sort....may be there are some available, which I am not aware of....thanks for reading (if anybody read it, that is)....laughing

Debashish Mukherjee at 01:32 PM - Jun 04, 2019 ( )

1278 done

Debashish Mukherjee at 09:32 AM - Jun 04, 2019 ( )

1284.10.....got first one

Debashish Mukherjee at 01:05 PM - Jun 04, 2019 ( )

2nd one came as well

Debashish Mukherjee at 09:10 AM - Jun 04, 2019 ( )

BANKNIFTY (OPEN -- 31532.9)
Buying Above ------ 31574 ------ (For ------ 31625 / 31719 / 31814)
Selling Below ------ 31492 ------ (For ------ 31442 / 31353 / 31266)
Risk ------ 51
Reward ------ 51 / 145 / 240


This is what I'm planing today for my trade and it's "Not a Recomendation"

Debashish Mukherjee at 09:35 AM - Jun 04, 2019 ( )

31672.20....got 1st one

Debashish Mukherjee at 09:10 AM - Jun 04, 2019 ( )

BANKNIFTY (OPEN -- 31532.9)
Buying Above ------ 31574 ------ (For ------ 31625 / 31719 / 31814)
Selling Below ------ 31492 ------ (For ------ 31442 / 31353 / 31266)
Risk ------ 51
Reward ------ 51 / 145 / 240


This is what I'm planing today for my trade and it's "Not a Recomendation"

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