MySAR for 3rd April








1. “If trading is entertaining, if you’re not having fun, you’re probably not making any money. Good trading and investing is mostly boring.” – Personal emotions have no place in investing and trading. If you want to be successful in the long-run, base your trading & investment decisions on rationality and discipline.

2. A successful trader believe : “I succeed in trading because I know when I’m wrong…I basically have survived by only recognizing my mistakes.”  You must recognize and admit your mistakes when you make them, cut your losses short, and move on to the next logical step.
 
3. “Making a trading decision is like formulating a scientific hypothesis and submitting it to a practical test. The main difference is that the hypothesis that underlies a trading decision is intended to make money and not to establish a universally valid generalization.” – The simple goal of trading and investing is to make money, not to be right all the time. As a trader, one should abide by this mantra and it makes it easy for him to accept losses easily and to stick to his trading plan.


Today’s Trading potentialies (breakout system) for 3rd April


Nifty Future above 6795...may reach 6810/6825/6845/6860
Nifty Future below 6760...may reach 6745/6730/6715/6695
Bank Nifty future above 12820...may reach 12820/12885/12930/12975/13110/13150
Bank Nifty future below 12720...may reach 12680/12655/12620/12580/12540/12505
For Positional traders : For those who trade like Investors
AxisBank in cash can be bought @ around 1455 with sl of 1445
...may reach 1481 and 1490
JSWSteel in cash can be bought with support of 1016 and 1009
...may reach 1043 and 1051
HDFC in cash can be bought with sl of 896
...may reach 917 and 923
KotakBank in cash can be bought with sl of 760
...may reach 788 and 793


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Weekly Pivot Levels
Security
W-S3
W-S2
W-S1
W-Pivot
W-R1
W-R2
W-R3
Nifty (Future)
6579.27
6671.97
6731.08
6764.67
6823.78
6857.37
6950.07
BankNifty (Future)
12003.72
12388.67
12597.28
12773.62
12982.23
13158.57
13543.52

Daily MySAR Levels For Future Segment :
 https://drive.google.com/file/d/0B_kb8cijwPZvVm04Nnh6SW16dEU/edit?usp=sharing
Daily MySAR Levels For Cash Segment :

https://drive.google.com/file/d/0B_kb8cijwPZvZUdYc3otS21fVUk/edit?usp=sharing

For other Nifty 50 (future) scrips click link :
Do not enter into a trade without referring past data. It will save your trade from catching the running train. 
If  the price of the scrip ran up or down too much during last few days, please please do not take fresh entry either of short or long otherwise it will be considered as catching of  running train and in such cases price in near future may move against expectations resulting into losses. Better wait for breach of MySAR_A level for fresh trade......
Patience pays...........
Presently holding Position :
NF Shrot (6285) (2+ 2L @6180) : covered at 6270, 6155, 6100,6045  
(fully covered) (360 pointed booked) rollover done for Feb. series
BNF long (11010) (2L+2L10710) : covered at 10985, 10610, 10360, 10180 
(fully covered)(1305 points booked)  rollover done for Feb. series
NF Shrot Feb. (6112 + @ 6120) : covered at 6060, 6050  (fully covered)
(Booked 122 points)
BNF long Feb. (10248 + @ 10300) : covered at 10155, 10275 (fully covered)
(Booked 118 points)
NF Long Feb. (6050) : bookd at 6105 (fully booked)
(Booked 55 points)
BNF long Feb. (10250) : booked at 10375 (Fully booked)
(Booked 125 points)
NF Shrot Feb. (6045) : covered at 6005 (fully covered & reversed)
(Booked 40 points)
BNF Short Feb. (10230) : covered at 10135 (covered & reveresed)
(Booked 95 points)
NF Long Feb. (6058+@ 6099+@ 6135) : Booked at 6095,6145,6215,6240 
(Fully booked) (Booked 345 points)
BNF long Feb. (10225+@ 10360+@ 10510) : Booked at 10305, 10590, 10750, 1074 (fully booked)  (Booked 1065 points)

Positional longs in NF (March) at 6271(2L) + 6266 + 6555 (Fully booked & rollovered) 
(booked at 6325, 6420, 6625, 6651) (+ 658 points)

Squared off fully today at 6470 due to large intraday correction, but later on taken again long at 6495 positionally according we have changed the price from 6241 to 6266.
Positonal longs in BNF (March) at 10773 (2L)+ 10661 + 11165 + 12251(Fully booked & rollovered)
(booked at 10920, 11310, 12100, 12565, 12651 (+ 3923 points)

For March series both NF & BNF position booked and take longs in April Series

Positional longs in NF (April) at 6675 (1L) only
Positonal longs in BNF (April) at 12705 + 12651 (2L) only
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Trades triggered on 2nd April

1. ICICIBank (F) long at 1251…………………booked at 1257 (1500 profit)
2. JSWSteel (F) shorted at 1027 ……………..covered at 1022 (2500 profit)
3. JSWsteel (F) long at 1037 ………………….booked at 1047 (5000 profit)
4. SBI (F) shorted at 1907……………………..booked at 1895 (1500 profit)
5. TCS (F) long at 2191………………………..booked at 2205 (1750 profit)
6. ACC (F) long at 1391.50……………………booked at 1395 (875 profit)
7. M&M (F) long at 1011……………………..booked at 1006 (1250 loss)
8. SBI (F) long 1895………………………….booked at 1905 (1250 profit)
9. TechM (F) long at 1843………………….booked at 1850 (1750 profit)
10. JSWSteel (F) shorted at 1029 ………..covered at 1020 (4500 profit)
11. PNB (F) long at 741……………………..booked at 746 (2500 profit)
12. SBI (F) long at 1902……………………..booked at 1934 (4000 profit)
13. M&M (F) long at 1011…………………..booked at 1005 (1500 loss)
14. AxisBank (F) long at 1462…………….booked at 1471 (2250 profit)
15. AxisBank (F) long at 1471……………booked at 1477 (1500 profit)
16. RELinfra (F) long at 439………………booked at 443 (4000 profit)
17. TechM (F) long at 1851………………..booked at 1847 (1000 loss)
17. BNF BTST at 12645……………booked at 12710 (+ 65 points)
18. BNF (4L) long at 12661………..booked at 12720 (+ 236 points)
19. BNF long at 12810............……carried
20. NF BTST at 6732……………….booked at 6770 (+ 38 points)
21. NF (2L) long at 6770……………booked at 6785 (+ 30 points)
22. NF long at 6775………………...carried

 Following table clarifies today's triggerred trades
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Three Thumb Rules :
(1) Always trade only at the levels given.
(2) Keep booking profits without missing a winning opportunity.
(3) And once in profit, trail stop loss to the entry level to protect the capital funds.
Wish you all happy and profitable trading ahead……
==============================================================
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For more information 
http://mytradingtechnique-mysar.blogspot.in/2013/03/have you-incurred-loss-in-stock-market.html

Many Many thanks for Inspiration.....Motivation ....





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