Tuesday, 3 November 2015

Nifty Future 03112015


It opened full gap up. Wanted to go long as BPB of BRN/PDH as marked but could not place order in time and missed it.  Then it traded in a narrow  range above BRN.  There was a good BO short trade possibility below BRN as it had consolidated enough in a narrow range. But I skipped it as prices were trading above PDH. In the afternoon took the short trade below PDC.  It bounced very quickly after moving in my favor around 20 points. Exited at break-even. Then there was no other good setup to trade.

3 comments:

  1. Hallo,
    why did you ignored BOF of BRN @ 2.25 pm?

    ReplyDelete
    Replies
    1. Ath ahree
      I expected it to consolidate some there as there was already a V shape reversal from the bottom.
      URD

      Delete
    2. Ath ahree
      I expected it to consolidate some there as there was already a V shape reversal from the bottom.
      URD

      Delete