Sunday, September 7, 2014

we carried foward one long from thursday and on friday the bnf opened on strong note but later in the day it weakned and moved below our SAR prompting us to go short(closing our long) position bnf was fluctuating in the range only and made a new days low prompting us to lower or SAR to 16125.
At close we carried forward one short with SAR at 16125. We have made a loss of 23 Points in our long trade which was closed on friday.

You might be wondering how to indentify the pivot low and Pivot high and when SAR has to be shifted. i would from tuesday onwards would explain the same and if any clarification is required you might put a message which i would be happy to clarify.

M.Mahiidar
Enjoying Life
Trend is Friend.

Friday, September 5, 2014

Intra-day update

BNF we carried forward long, today bnf opened positively and gave us an opportunity to shirt SAR to 16070/- later in day today it moved below the SAR, prompting us to shift our position to short with SAR at days high. Loss in the transaction- 23 points. I would try to furnish the intraday updats when ever the SAR changes or position or shifted.

M.Mahiidar 
Enjoying Life
Trend is Friend.
Bnf trades for 4th of August 2014, we have carried forwarded on short, today the market moved slowly down making new lows giving us an opportunity to shift SAR we shifted to SAR to 16102 and later in the day bnf moved above it prompting us to shift our position to long from short at 16102. so total profit made in short trade is 22 points. We carried forward long with SAR at the low of the day at 16097.

today ie. 5th of aug it opened on a positive note and in the mean time it formed a pivot low prompting us to shift our sar to 16070/-

M.Mahiidar
Enjoying Life
Trend is Friend.
for last two days i was not in house so i was not in position to post the flow trades, this is the trade for 3rd of august 2014. the market opened slightly positive and then started to move down and for the whole day it was in the range of first two candles. during the fall it wend below our SAR and we reversed our position to short at 16135

At the end of the day we carried forward our shorts. total profit made in the trade 510 Points.

M.Mahiidar
Enjoying Life
Trend is Friend.

Tuesday, September 2, 2014

Max India-339/-
Max india was consolidating from 2007 onwards and this year gave a break out and made an all time high above 300 and consolidating there for nearly two months is started to move up, as it has formed an all time high after long time and is moving up its a cool buy with good upside potential, as its silently moving up we can expect it to move substantially from current levels. But as always to protect our capital stop loss which should be below Rs.300/-

M.Mahiidar
Enjoying Life
Trend is Friend.
Bank nifty opened slightly higher and consolidated at that level for whole of the day and in the end broke above the consolidated range made an all time high. Today also we need not do any thing only shifting our SAR from 16003 to 16142. Total profit till now 527 Points. Every weekend i would give the rules of the flow system which is follow its a more dinamic system which makes us to get out of loss and hold on to our profits. Today we carried forwarded one long with SAR at 16142.

M.Mahiidar
Enjoying Life
Trend is Friend.

Monday, September 1, 2014

we have carried forward long taken at 15625, today market opened gap up and there after started to move up from there and has closed virtually at the high of the day indicating strength of the bulls. To day we have nothing to do but just sitting and changing our SAR and counting our profits. We carried forward long with SAR at 16003.

M.Mahiidar
Enjoying Life
Trend is Friend.