Trading Performance as on 13th Apr 2021

   My calls performance on 13th Apr 2021 shown in chart below

Chart Setup: 

·       I use only Bank nifty index  (Spot) chart i never use the bank nifty options chart

 ·       I use only 5 min time frame i never use other time frame like 3 min, 1 min or Higher time frame 15 min & 30 min

·       To mark the 1st 5 min candle high and low 

All above 3 points are set after that only i planned for trading 

Chart : 

Reason for my Entry: (1st Trade)

·       Today's 1st 5 min Red candle opened and closed Below "R3"

·       Today's 1st 5min candle high and low marked in Yellow line ( Chart )

·       Today's 2nd candle  break the 1st 5 min candle High & "R3" and close above "R3"

·       Next candle  also Green but next 2 candles try to break the  1st 5 min candle high and failed 

·       So their is a possible for market go UP side

·         So I decided to give a Call in Banknifty 15th Apr 31300 CE (Buy above 350) 

·       Stop loss was previous candle low (Most important point in trading is always trail your Stop loss)

·        I fix my target  as 1:2 ratio

·        At 10.30 AM exactly my stop loss hit  

·        After hit my Stop loss i noted 1 important point candles are exactly reversed from 31300 range. 

·        In this exact range (31300)  yesterday (12th Apr 2021) candles are try to break but failed and marked go down side more than 1000 Points

·        So today market movement is possibly inside of the range 31300 to 1st 5 min candle high 

Youtube Video: (Click here to watch the video in YouTube)

Reason for my Entry: (2nd Trade)

·       Today At 10.50 AM once again candle are rejected from 31300 range and next candle also red

·       So their is a possible for market go Down side up to 1st 5 min candle High

·         So I decided to give a Call in Banknifty 08th Apr 31200 PE (Buy above 375) 

·       Stop loss was above the 31300 (Most important point in trading is always trail your Stop loss)

              ·        I fix my target  at 1st 5 min candle High

Reason for my Entry: (3rd Trade)

·       Today At 11.45 AM candle are taking support at "R3" & 1st 5 min candle high

·       So their is a possible for market go Up side up to 31300 zone

·       At 12.25 PM "R3" breakout happened

·         So I decided to give a Call in Banknifty 08th Apr 31200 PE (Buy above 375) 

·       Stop loss was above the 31300 (Most important point in trading is always trail your Stop loss)

              ·        I fix my target  at 31300 Zone

·         So I decided to give a Call in Banknifty 08th Apr 31200 CE (Buy above 375) 

·       Stop loss was below "R3" (Most important point in trading is always trail your Stop loss)

              ·        I fix my target  at 31300 

Today trading technique:

·        1st 5 min candle High & "R3" breakout pattern

·        Zone breakout pattern

Note:

·        In  yesterday video i tell about Zone breakout pattern, Today from 09.35 Am to 01.30 PM in bank nifty index chart are travel between the 1st 5 min candle high and 31300 

·        At 01.45 PM zone high 31300 was broken by strong green candle and market movement is Uptrend

  

Check the below screenshot of my calls posted today in my APP (Click here to download the app)