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

Wednesday, April 3, 2013


Nifty opened within previous day range.After the small gap down it was slowly moving up. I was looking to short on gap closure or PDH. But Nifty formed a range below these levels. BOF of range high gave a short signal..Scratched the trade on BOF of Range Low/DO. Later Nifty broke the range low and pulled back giving a nice BPB trade. Nice move down PDL and BRN did not lend any support


  1. Dear ST.

    It was a nice day finally. I was also not able to hold it when it struggled in range low. Later again shorted on the break down, which made the day proud.


  2. I was looking to short on gap closure or PDH - WHY ?

    How did u conclude in the last trade it wud move so down ?

  3. @ Murali


    @ ratnakar

    Gap down, Bias was bearish . Counter trend move may stall and reverse at a resistance. So either PDC or PDH may halt the up move.

    I expected a move to PDL. Maximum BRN. Market was kind enough to give some extra bonus



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