There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Wednesday, February 6, 2013
Nifty opened within previous day closing range and this happened to be the previous days range. IR formed . Too narrow to initiate a trade.. Went short on BOF of PDH..Thought it will bounce of the IR low. But the MC and Price flip helped to avoid a premature exit.. TP at PDL. Went long here. TP when Nifty failed to remain above IR Low.