Thursday, 8 December 2016

Nifty Future 08122016















It opened big gap up and broke out PDH.  Entered long on BPB setup with the anticipation of today being type 1 trend day which worked well.  It turned out to be the type 1 day and with that confidence attempted a TST long setup at Range low.  It also worked well.  Towards the fag end, attempted a direct BO long which ended as scratch.

2 comments:

  1. Was there a trade in the morning as BPB of BRN, if we ignore PDH.

    Thanks.

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    Replies
    1. Arvind

      It was there, but looking at the price action around BRN and PDH level for last few days made me skeptical of that setup and hence decided to go for BPB of PDH rather than BPB of BRN.

      URD

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