There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Tuesday, September 10, 2013
Nifty gaped up above PDH and broke BRN. BPB of BRN gave a long signal. Long above IRH which acted as a MC. TP when Nifty refused to go above 5850. Next long signal was the BOF of range low. Good trade TP at BRN 5900. Skipped the BOF of BRN as there was not much space for the trade to move. Further the trade was against the bias. Earlier range high is a very strong flip zone.