Trading Performance as on 15th Apr 2021

    My calls performance on 15th 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 candle is Green opened and closed Below "R3"

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

·       Today at 09.40 AM green candle taking support at 1st 5min candle low and next candle also green

·       So their is a possible for market go UP side

·         So I decided to give a Call in Banknifty 15th Apr 31600 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

·        But my call 2 targets are Hit after that 

·        At 10.15 AM exactly my stop loss hit  

·        After hit my Stop loss i noted 1 important point (I did a big mistake)

·        Today 3rd candle rejected by "R3" and next candle also red 

·        So it's a "R3" rejection pattern so candle are possible to reach 1st 5 min candle low and "S3" 

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

Reason for my Entry: (2nd Trade)

·       Today 3rd candle in 5 min chart candles are rejected by "R3" and next candle also red "R3" rejection pattern

·       Today At 10.15 AM one strong Red candle break the 1st 5 min candle Low and next candle also red

·       So their is a possible for market go Down side up to "S3"

·         So I decided to give a Call in Banknifty 08th Apr 31800 PE (Buy above 350) 

·       Stop loss was above the 1st 5min candle low (Most important point in trading is always trail your Stop loss)

              ·        I fix my target  at "S3"

   ·        But exactly my stop loss was hit and reach the target of "S3" 

Reason for my Entry: (3rd Trade)

·       Today From 11.15 AM to 11.30 AM candle are taking support at "S3" 

·       At 11.45 one green candle open and close above 1st 5 min candle high

·       So their is a possible for market go Up side up to "R3"

·         So I decided to give a Call in Banknifty 08th Apr 31500 CE (Buy above 350) 

·       Stop loss was Below 1st 5 min candle High (Most important point in trading is always trail your Stop loss)

              ·        I fix my target  at "R3"

Missed Trade:

·       "R3" rejection trade at 3rd candle in 5 min time frame chart 

·       "S3" Breakout pattern happens at 11.35 AM

Today trading technique:

·        "R3" rejection pattern - Missed trade

·        1st 5 min candle low rejection pattern - 1st trade

·        1st 5 min candle low breakout pattern - 2nd trade

·        "S3" Breakout pattern - Missed trade

·        1st 5 min candle low breakout pattern - 1st trade

 

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