31 - 03 - 2016 (Nifty)

1. Day trend is UP and Price opened near PDH (7747)
2. DO is protected, IR (7755-36) formed
3. Will wait for range formation and look to buy RL
4. Above IR, (7777-59) is the tight range formed
5. Will wait for some cool off, being expiry we can expect sharp down moves as TRAP
6. Potential Trade: BOF of RL long at 7763 with initial SL 7553
7. Cancelled the order as price get into IR now; 
8. Price made swings into both ranges; will look at extremes only now
9. Did TST to DH and reversed swiftly
10. Just watch expiry game now; no trades

Net: 0