Monday, August 5, 2013

05082013



Nifty opened within previous day range. IR formed. Long on TST of BRN. BRN was also the PDC and IR low. I was ready to scratch if it bounced from IRH. This trade made good money. Missed the down move as I was not confident to trade around 5740 which happened to be a BRN of spot Nifty.Tried another long on BOF of IRH. Scratched later.

1 comment:

  1. Hi,

    I also took the same 1st trade, exited early at IRH..
    Took the Short trade also @ 5748, when there was a BOF for NS & 2nd big Green candle touching 5760 acted as master Candle, but when it broke the Down channel to upside at 5740, i was out.. so no big profits today..

    Thanks,
    Deven

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