There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits

Tuesday, February 28, 2012


Nifty Gaped up above the previous pivot high . Expectation is move inside the previous day range. BOP of previous day pivot high gave a long. There were no significant levels within the move. First trade gave good profit. Second BOF also gave some profit. I expected a sell off after the DT, HOD breakout failure which was also around the Friday bottom and PDO.A breakeven trade
I wonder why Nifty is trading at such a high premium.

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