- Open above PDL and broke
- Swing low formed at 7518; if short triggered SL is 14 points, FTA 18 points & not convinced about price stalling near to PDL for 1 hour
- Skipping this trade entry
- Nice pin bar and TST to BRN signals BOF of BRN long; but as NF in sell zone, doubted about entry & skipped this signal as well
- Had i entered 1st short signal, i would have exited at cost by now; No regrets of missing now.. TEE HEE
- Those who entered shorts around PDL must have SL in zone of 7528-7533; but i won't take BO trade unless it is PP signal; lets see PA once PDL reached
- 7505 is MSP or PB high made after BOF of BRN (TST to LOD); good position to trade long above MSP, though it doesn't look like text book BOF pattern, i feel i can trade this.
- Oops.. broeken down side;
- Now i understood why bulls n bears fighting like this; it's JNSAR time. Probably tomorrow we may see some good directional move
- No more trades expected in this chopped session; Done for today
Net : 0
Well done rose same here. Just curious what is jnsar?
ReplyDeleteShashank,
DeleteU must hav heard about ilango from just nifty blig.
He developed an SAR with some unique combination..u can say cusyomization of parabolic sar...
I used to trade nifty pisitional using this level before getting introduced to DPs