Friday, April 8, 2016

08 - 04 - 2016 (Nifty)


[09:21] Day trend Down; DO near PDL and moved above; will look for proper BOF signal to go long
[09:54] IR (7573-52) formed; Drawn PDL to 7555 as NF took support there
[10:39] BPB of IRH long signal; but i ignore the setup as price doesn't seem like reversing strong.. BOF of PDL would have been good attempt for long.
[12:06] Placed BPB of IRH short (coincide with 7550 NS) at 7569 with initial SL 7578
[12:18] Cancelled order as set up is negated with 2 green candles above IRH now
[12:30] Discarded IR, now watch out extremes only
[13:36] Prediction: NF broke RH/DH, resist/BOF of BRN, signalling short. Lets see
[15:00] 3 PM bell rang; i am completely into online shopping.. poor nifty forgot to move. Done for today.

Net: 0

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