Nifty opened near PDC. Shot up after a small pull back to NS BRN. Consolidated within a 10 point range. I was expecting a TRAP like pattern there. Did not attempt the BO which went to 8499.75. Missed a short there also. There was no reliable pattern. Finally went long on the TST of Range low and bagged 20 odd points. Did not attempt the BOF of BRN as it came very late
There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Friday, November 21, 2014
21112014
Nifty opened near PDC. Shot up after a small pull back to NS BRN. Consolidated within a 10 point range. I was expecting a TRAP like pattern there. Did not attempt the BO which went to 8499.75. Missed a short there also. There was no reliable pattern. Finally went long on the TST of Range low and bagged 20 odd points. Did not attempt the BOF of BRN as it came very late
Thursday, November 20, 2014
20112014
Totally messed up the trades.Missed the BOF of PDC in the morning session. Then took three trades at the same DP, PDL and got stopped out in all. Finally Hesitated to take the PP and missed that one also. All the three trades were attempted within a Barbed Wire around PDL. Violated the rules and got chopped.
Wednesday, November 19, 2014
19112014
Nifty opened near PDC and fell. Tried a long on BOF of PDL. I was not confident with the trade as it did not break the extreme. Managed a scratch. Short on BPB of PDL moved well.Ignored the NS RN as it was a fluid below. TP at 8390 when price failed to move beyond the early extreme.There was an opportunity long on third test of LOD. Did not take it
Tuesday, November 18, 2014
Monday, November 17, 2014
Friday, November 14, 2014
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