Thursday, March 1, 2012

01032012



Nifty opened within previous day range and sold off immediately. Breakout pullback trade did not move and stalled at day before yesterday low. BPB trade at the range low might have trapped many. and I am sure those who shorted might have missed the BOF trade which was profitable.Best to avoid the last BOF trade Usually the BOF of an extreme  will lead to a breakout of the other extreme.

Watch the volume at crucial levels .

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