Wednesday, 18 June 2014

18062014


Nifty opened near PDH but initial move was down. IR formed.
1)  BPB of PDH PDC.  I took the trade though I was skeptical of the up move.  Did not move up.  Loss of 7 points.
2)  BPB of LOD.  Also BOF of PDH PDC.  I could not enter below IRL/LOD as I wanted to avoid direct BO. Entered after little consolidation.  Booked at PDL.  Profit of 69 points.
3)  BOF of PDL RN. I did not enter on first swing high as I expected some consolidation after a big move. Entered above second swing high.  Booked around BRN on second pull back.  Profit of 24 points.
Missed the last move down

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