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Manish Mahanti's Posts
Manish Mahanti replied to  price action trading's post
mdm23   

Hey you are giving analysis for both sides. Something will work anyways. Can't take credit for simple level marking. So many people over here are simply sharing levels like you are.
Yesterday 3:21 AM
Manish Mahanti-display-image
Reputation: 496  •  Yesterday 5:08 PM

Tension Wala winning trade on #NIFTY50

- Initiated short position based on Advance Decline ratio and the price coming to a specific point on chart
- The presence of heavy put writers on 17600 should have been factored as price bounced up and came very close to the SL.
- Luckily......read more
All About Indices - chart - 26953229
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Manish Mahanti-display-image
Reputation: 496  •  Feb 2 7:53 PM

Winning Scalping #NIFTY50
- Trade taken based on trend and VWAP only.
- This was a risky trade because my browser had crashed and I had to work without Support and Resistance Levels.
- Even pivots were not showing for some reason!
- However huge OI increase at 17500 level so to......read more
All About Indices - chart - 26730729
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Reputation: 496  •  Feb 2 5:00 PM

Winning Trade #NIFTY50
- Trade taken based on typical parameters of Support & Resistance, Trend Line, Pivot and finally OI.
- Got an opportunity to go long based on the confluence of all parameters.
- Around 35 points move.
All About Indices - chart - 26614392
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Reputation: 496  •  Feb 1 4:14 PM

Winning Trade in #NIFTY50
Used the levels, pivot, OI to determine entry
Used Advance Decline to determine direction.
Short scalp trade.
Now no more trading for the day...
Only tea and watching budget!!!
Can't take too much tension.
All About Indices - chart - 26220401
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Reputation: 496  •  Feb 1 3:28 PM

Winning Trade on #INDHOTEL
A quick win before the madness of Budget takes over!!
Looked at the gainers for the day pre-market.
Identified stock with CMP above 100 and traded volume above 1 million.
Confirmed with Pivots, Advance Decline Ratio to take a long trade.
Got a cool INR......read more
Chartbusters - chart - 26183254
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Reputation: 496  •  Jan 31 7:00 PM

Losing trade today

I had taken position based on all the typical reference points like OI, Advance/Decline, Levels, Trends and Pivots.

My SL was hit and then in the next round, the price reached my target levels.

I realized one mistake from my end.

Do you know / see what fr......read more
All About Indices - chart - 26028005
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Reputation: 496  •  Jan 30 5:36 PM

Winning Trade.
Took position after consulting Advance Decline Ratio / Pivot and VWAP levels
Around 120 points captured in the move.
All About Indices - chart - 25668502
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Reputation: 496  •  Jan 30 5:31 PM

Winning Trade.
Took position after consulting Advance Decline Ratio / Pivot and VWAP levels
Around 130 points captured in the move.
All About Indices - chart - 25665905
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Reputation: 496  •  Jan 30 3:40 PM

Losing trade.

Looked at the OI / PCR / Advance Decline ratio.
Marked levels using Pivot and took entry when price moved past Daily Pivot.
Rapidly the Advance Decline changed from 3.34 to 1.6 and SL was hit.
Entry @ 17676.20
SL Hit @ 17597.5
Lesson learnt - On euphoric days, go......read more
All About Indices - chart - 25593013
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Reputation: 496  •  Jan 27 7:31 PM

Winning Trade - #TVSMOTOR
~11 points move based on price action, pivots and volume.
Chartbusters - chart - 25448120
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Reputation: 496  •  Jan 27 6:16 PM

Loss making trade. Tried to go long as price was above the Daily & Weekly Pivot. However, learnt the lesson that strong market sentiment will override all the logic.

Chartbusters - chart - 25409902
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Reputation: 496  •  Jan 27 6:12 PM

2nd Trade for the day following price action
@manishmahanti's activity - chart - 25407012
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Reputation: 496  •  Jan 27 3:45 PM

* Opening Trade for #NIFTY50
* One minute timeframe
* Used Pivot, OI Interest to determine levels
* Consulted the Advance Decline ratio of Pre-Market and Post Open to understand Bearish sentiment.
* Took position once key level was breached and retraced.
* Exit when price reach......read more
All About Indices - chart - 25307723
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Reputation: 496  •  Jan 25 3:17 PM

* Opening Trade for #NIFTYBANK
* One minute timeframe
* Used Pivot, OI Interest to determine levels
* Nifty was filling gap from two sessions back
* Consulted the Advance Decline ratio of Pre-Market and Post Open to understand Bearish sentiment.
* Took position once key level wa......read more
All About Indices - chart - 24993070
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Reputation: 496  •  Jan 25 3:07 PM

* Opening Trade for #NIFTY50
* One minute timeframe
* Used Pivot, OI Interest to determine levels
* Nifty was filling gap from two sessions back
* Consulted the Advance Decline ratio of Pre-Market and Post Open to understand Bearish sentiment.
* Took position once key level was ......read more
All About Indices - chart - 24981697
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Reputation: 496  •  Jan 24 8:54 PM

* Two entries today.
* In second instance, I was able to come out in green thankfully!!
* Somehow, saved my a**!!!
* In second instance, I was able to come out in green thankfully!!
* Luckily I did not get a loss and learnt a lot from this.
* Also note, as I am starting out I ......read more
All About Indices - chart - 24929671
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Manish Mahanti replied to own post
mdm23   

BNF Target met.. Wrapped the trade early due to lack of patience and fear. Plus hungry as it is lunch time. Lol. But eventually that target was also surpassed.
undefined - 24599376
Jan 23 6:39 PM
Manish Mahanti-display-image
Reputation: 496  •  Jan 23 5:41 PM

Ongoing Trades on Nifty and BankNifty. Using price action and pivots.
Just learning. Would seek expert suggestions
Nifty reached target. Lets see what's the deal with BNF. #NIFTYBANK #NIFTY50
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Manish Mahanti replied to Aditya Singh's post
mdm23   

Thanks Aditya. How do you arrive at S&R typically? Do you look at past pivots or do you also look at Option Chain OI? Any other reference point? Thanks in advance.
Jan 18 12:35 PM
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