Nifty Opened within previous day range. Did not trade the morning session due to RBI announcement. Missed the up move as I could not get a good entry. Went short on FTC of HOD which moved well. TP near BRN when price bounced from LOD/PDL. Second BOF of PDL @2.40 was a good opportunity to make quick 20 points. Missed it
There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Tuesday, September 30, 2014
30092014
Nifty Opened within previous day range. Did not trade the morning session due to RBI announcement. Missed the up move as I could not get a good entry. Went short on FTC of HOD which moved well. TP near BRN when price bounced from LOD/PDL. Second BOF of PDL @2.40 was a good opportunity to make quick 20 points. Missed it
Monday, September 29, 2014
29092014
Nifty opened within previous day range. Skipped the BOF of BRN as market did not give a proper entry or a pullback after BOF. Then it was a range between BRN and PDC. Attempted a trade on BOF of PDC. Covered when it bounced from BRN. There was another BOF of PDC later . I was away and could not attempt any other trade
Friday, September 26, 2014
26092014
Traded October chart. nifty opened within previous day range. Yesterdays final move acted as a range. Short on BOF of PDC/BRN. Closed when price failed to move beyond RN and NS BRN. A BO below PDL reached BRN as expected. Missed the bounce from BRN as there was no reliable trade signal. Another long on BOF of PDL. Entered at 7960 as I wanted price to clear RN and NS BRN. Good move till RN 8050 where I exited
Thursday, September 25, 2014
Wednesday, September 24, 2014
24092014
Nifty opened near PDL. and tried to move down. Skipped BOF of PDL as I was expecting a range day with RN and MSP above it. Expected the last impulse to act as a range. Went short on BPB of PDL. Covered when price bounced from BRN. Rest of the day it was a range between PDL and BRN. Tried a long during the Coal Drama. Exited on the BOF of PDL.
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