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

Friday, October 18, 2013

18102013

Another Rope trick. Nifty gaped up and moved up breaking BRN 6100 without a proper pull back. Long above previous days swing high level.Price broke PDH and went up. TP on consolidation. BOF of range low was a signal to go long. Finally entered on BPB of range high. BRN 6200 also could not stop the up trend. Ended as a type 1 trend day.
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