Thursday, February 9, 2012

09022012

Day opened within previous days Range. Nifty gaped down slightly but refused to go down and formed a double bottom. Good opportunity to go long with a target of Previous day close. As expected Nifty closed the gap and started trading in a range.This range gave two BOF opportunities.
Trade failures at  good locations. DT, DB, PLOD,PHOD.LOD, HOD and gap S/R

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