There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Wednesday, September 5, 2012
Nifty Gaped down within previous day range.Bias was bearish. Avoided shorting as PDL was too close. Broke PDL and stalled at 5350 level. I suspected absorption and went long ( watch the volume at 5350). Scratched it as it did not move as expected.