Wednesday, May 5, 2010

MP to the test

I have been severely handicapped by Viren's absence from the blog.

His regular posting helped keep the blog alive and not just in the contribution sense.

As for me, I have been testing a new trading system over the weekend. This system involves market profile besides a few other tricks I have picked up over my trading career.

I have decided to post my experimentation live over here at Vtrender.The stocks I have decided to focus on are from a core group of 15 stocks. These are Axis bank, Bhel, Grasim, HDFC, HDFC Bank, Hero Honda, Infosys, LT, Maruti, SBI, Sun Pharma,  Tata Motors and Reliance.Nifty and the Bank Nifty are the Indices which will make up the 15.

I'm starting with Grasim today.



Buy at 2576, target 2668, Sl 2530.

5 comments:

manu said...

hi shai..thnx
missed u & ur charts..
viren pa ji too..
he s nt back frm middleeast..

u also live n US?

Shai said...

Manu,

:)

Viren is back, but not trading as yet.

I am a resident in Pune.

veer said...

Hi Shai,

Very Good chart.May I request you to share the AFL code for Market Profile with Volume (as in your chart) please. My e-mail id. is opgveer@gmail.com

Regards,

Veer

Shai said...

Veer,

Download it from here:

http://www.4shared.com/file/6Sl94Gck/MP_online.html

Shai.

veer said...

Hi Shai,

Thank you very much.

Regards,

Veer