Thursday, October 11, 2012

11102012


Nifty opened within previous day range and sold immediately. Cracked PDL and pulled back after forming an IR . Went short the BPB of PDL as bias was bearish .Scratched the trade as the price was not willing to go below the IR Low. BOF of IR Low gave a long signal. My target was IR High. But it gave a 80 point nice move cracking PDL, IRH, BRN and PDH. VWAP was 5695 at 3.15 PM . there was a margin of 45 points.This fueled the further up move during last minutes.

3 comments:

  1. Sir
    1.Which of the charts you recommend like Amibroker etc and
    2.Pls suggest which Data Provider who gives 3 min and less than 3min Nifty Futures Data feed

    Pls advice on these two aspects.

    ReplyDelete
  2. trendingnifty

    I am using web based charts from icharts. Charts are available from 30 seconds onwards.They are very good. Rs 3900/- for 6 months.

    ST

    ReplyDelete

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