Nifty opened just above PDL PDC after a big down move yesterday. I expected no one-sided move today but rather range bound as tomorrow is budget announcement.
Missed the initial few hours of trading as I was busy with my work and could not concentrate on market.
1) BOF of HOD. Entered below the BOF candle. Booked it when I felt it was not going down PDL. Profit of 20 points.
2) TST of HOD. Again entered below the BOF candle. It hesitated some to move down below PDL but finally broke it. Booked it at LOD. Profit of 58 points.
There was a barbed wire pattern around PDL, so not traded it and tried to trade the range extremes only.