16022012

Market gaped down within previous days range. First bar of the day was a mid close bar which acted as a one bar range. BOF of this range gave the first opportunity, Nifty gave us another opportunity when a BOF  happened near Big Round Number 5500.Third entry was not at all comfortable as there were too much of traffic to the left. fourth BOF at HOD was a disaster. Nifty traded all over the place except the first trend

Avoid Traffic . Love the extremes