There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Thursday, June 6, 2013
Nifty gaped down and broke PDL. I thought of shorting below the first bar but hesitates as I expected some consolidation after such a gap. But when Nifty broke the swing low I tried a short and had to scratch it. BPB of BRN/IRH gave a long . This gave around 20 points.Shorted the BOF of PDH. I was concerned about PDc but the Fluid 5950-30 gave confidence. Price moved to the swing low as expected.