Monday, 25 May 2015

25052015


Today Nifty opened below the BO point as marked on the chart and has been trading in a narrow range since morning.  Expecting to trade the probable range, 8445 to 8415 or 8445 to 8400, at its extremes.  Let's see how it unfolds.  Will update soon.

Update

As expected it broke the range on downside.  Was not very confident to place the limit sell order at 8515.  Entered once it broke PDL after the BO candle at 8395.  Booked it at 8371 when it seemed to hold the 8360, 20th May gap area.

2 comments:

  1. Dave

    As i am not in a position to trade daily, please remove my blog link from your site.
    Hope i will be back after some time

    Raju

    ReplyDelete
    Replies
    1. Raju

      Let it be there if you are planning to start posting after some time. It does not cost me anything. If you still insist, I will remove it.

      URD

      Delete