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

Wednesday, December 5, 2012

05122012


Nifty gaped above PDH . IR formed which was very narrow.. Bias was bullish . I was expecting a drift down to PDH. But an Envelop  formed around the IR. . Went long on the TST of Range low. BOF of HOD gave a short signal. Nifty was trading within a 25 point range the whole day..Always pay attention to flip zones. Notice how the Flip Zone acted as support today.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.