- IR (7729-09) formed with in yesterday closing range
- Preferable trade BOF of RL short or BOF of RH short
- Broke IRL and stalled below it; will wait for price to react at BRN
- Potential Trade: BOF of BRN long after swing high formation with initial sl 7696; FTA 7718
- DB at 7696; this level may hold
- Trade 1(11:30) : BOF of BRN long at 7704 with initial SL 7696; FTA 7718
- Exited with loss of 10 points
- BRN lost its relivance now; removed as DP, looking for price to reach PDL
- So far traded in 2 ranges 7729-09 & 7709-7689, both 20 points
- Potential Trade: BOF of PDL long at 7683/after swing high formation with initial SL 7676
- Oops, nifty broke downside with no PB to PDL, didn't even think about BPB short opportunity
- Done for today
Net: -10
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