MY TRADING DIARY


20/6/2019

Market overview



  • Market opened lower testing the previous day lows and support and bounced back quite fast from lower levels.
  • Market rallied all day to end at day's high.
  • Today's low marked to be very important asit is being held from 3 days and is also the level where market gapped up on exit poll results
  • Today's level of 11630 can be considered as important short term support.
  • Market is now buy on all dips.

My Trades

  • Had Voltas and tata steel shorts which had hit stops.
  • Took ICICI and RIL shorts before 9:30 AM which also stopped out.
  • Traded Apollo tyres and RIL long in the second half which worked out well.

Today's Trading lessons

  • No fresh trades before 9:30 AM .
  • Fresh trades between 9:30 AM and 10:00 AM only if high/Low break happens.
  • Can trade on good patterns with a clear stop.
  • Mostly trades work after 12:30 - 1:00 PM everyday.

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