Buy NIFTY18MAR10300CE

Mar 6, 2018

Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script (

and in.tradingview.com/script/5n7sRvAS-TrendShikari-NTS-V1-0-Study/).

Mar 6, 2018

Trade active

I bought NIFTY18MAR10300CE at 212.7 today morning when Nifty Sport price hit the green line @ 10429.1, today morning.

Mar 6, 2018

Note

I am trading with 1 lot = 75 option contracts

Mar 6, 2018

Trade closed: stop reached

Price hit the red line. So I exit NIFTY18MAR10300CE @ 132.1. Total Loss = Rs.6045.

Mar 6, 2018

Trade active

I bought NIFTY18MAR10400PE @ 211 since the price has hit the red line @ 10288.5. Generally this sort of situation where you get a long and short on the same day doesn't happen. This sort of whipsaws happen on highly volatile days. Key thing to understand is that System may not show both signals on the same day because tradingview pine code assumes a certain pattern of candle price flow and then gives signals - tradingview.com/wiki/Strategies. So better to watch daily levels also for trading.

Mar 6, 2018

Note

Carrying NIFTY18MAR10400PE with M2M profit of Rs.2,651.25 @ market close for the day.

Mar 7, 2018

Note

Still holding on to the put option as market opened in red and in our direction. I will reverse my position to long only if price breaches 10336.8

Mar 7, 2018

Note

Carrying NIFTY18MAR10400PE with M2M profit of Rs.4,421.25 @ market close for the day.

Mar 8, 2018

Note

Still holding NIFTY18MAR10400PE with M2M profit of Rs.2287 now. Reversal of position to long only if price breaches 10243.65

Mar 8, 2018

Trade closed manually

Closed position in NIFTY18MAR10400PE with profit of Rs.450 when Nifty Spot hit 10243.65.