Shillong :: At 8:15am power up my laptop, first glance of the world markets, scenario, visibly positive and no negative in-sights, charts looks good on BANKNIFTY- for breakout and FINNIFTY near all time high- these will be the focus today.

Market opened slight gap-up and filled the up in BANKNFITY in first 5-mins giving me an opportunity to enter bullish trade in the bigger trend, and similarly in FINNIFTY as well.

Following up for confirmation with Bid x Ask data in orderflow chart, in sync with Bulk orders in order book, I had placed some orders in both FINNIFTY and BANKNIFTY with limit price to avoid unwanted spread risk in a volatile scenerio.

Before that I’d noted the heat map as well to know the strength of the market.

ORDER BOOK

TRADE BOOK

LIVE POSITIONS

P&L

Initial trade in FINNIFTY stop loss got triggered then re-entered again, with defined risk, and trailed the trade to avoid getting back to loss and closed the day in green.

Fund Used : Rs. 8813.00

Gain/Loss : Rs. +1494.00 % of Gain : +16.97%

No. of Trade : 7