18102013

Another Rope trick. Nifty gaped up and moved up breaking BRN 6100 without a proper pull back. Long above previous days swing high level.Price broke PDH and went up. TP on consolidation. BOF of range low was a signal to go long. Finally entered on BPB of range high. BRN 6200 also could not stop the up trend. Ended as a type 1 trend day.