Dashboard

• As per Analysis, Intraday Market View: Bearish

• Bigger Trend :Bullish

• Market Sentiments, across the globe : Sideways

• Market Opening: ( + )100+pts Gap up

• Point of Entry – SuperTrend + Price Action

• Entry – Is it as planned? –Yes

• Exit – Is it planned? –Yes
• Is Trade exited or Carried forward: Carried Straddle/Strangle

PLAN A

1. Trade should be always MIS or the present expiry 
2. Always Follow SuperTrend & MACD Reversal for Entry.
3. Enter along with the bigger trend full swing or otherwise half qty.
4. Entry Sell leg
5. Add Stop Loss 25 to 30 Pts
6. Exit on Stop loss or continue if gain
7. If gains reaches about Rs 400 to 500, add buy leg to hedge
8. If trend reversal seen at SuperTrend & MACD, Enter opposite trend hedge trade to convert debit spread to Straddle or strangle.
9. But if Trend continues, exit at 70%-80% profit.

Today :-

TRADING PLAN A:-

• Entry at SuperTrend reversal, in line with bigger trend.
• Entry at SuperTrend reversal, Against the trend
• Entry the Selling leg first
• Add Stop loss
• If Stop loss hit, wait for another opportunity
• After Certain gains, Add Buy leg to hedge.
• If any signs of reversal in price action, add opposite side hedged trade, to make a strangle or straddle to carry forward.

Mistakes made –

• NO MISTAKES TODAY

Today’s Overview:

• Taken Trade
• Entry as per plan
• FOMO
• Exit as planned
• Stop loss accepted
• Booked Profit
• Booked Loss
• Trade Carried as planned