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

Saturday, May 18, 2013


Nifty opened within previous day range. IR formed. Skipped BOF of IRL as DO/Range High was too close. Long on TST of  DB Range Low. Scratched later. Another long at the BOF of Range low. TP at BRN 6200. This one made some money. Market was very choppy and range bound for two days. Hope it will make a decisive move on Monday


  1. sir good morning ,kindly update that in your analysis you never draw line from the wick of the candle thnx

  2. Amber

    I usually avoid the wicks as many times it could be a freak trade.
    It is very difficult to guess where the orders are.So I treat the entire wick as a zone where the market may react. Lines are drawn at the nearest boundary of the zone



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