Monday, June 24, 2024

24th June 2024 - Monday

 New week - new opportunity - new experiences.

Strong bearish engulfing on daily timeframe. 23,427.5 is a support level for GIFT Nifty and is currently at 23,467. So need to see how the market opens tomorrow.

Based on how the opening is, trades need to be planned. Looks like a cautious day.

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Trading day -

4 total trades 

1. Took a PE trade - went to 1:2 and then market bounced back from almost touching 1:3 and took breakeven stop loss.

2. CE trade on an already extended market and took the SL

3. Same thing on 3rd trade as no 2. The market had already moved a lot

4. Sideways market for 3rd trade also

Another exit at almost cost.

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20th Aug 2024 - Tuesday

Was a good trading day overall. Just one thing to notice is that always trade in direction of 8 MA and do not take trades against. Rest all ...