Busy with Off Work; Short Break to Nifty !!!

18 - Apr - 2017 (Nifty)

Market Commentary:

9:25: Nice up move at start of session, PDH broke n NF testing BRN now. Preferable trade is long as BOF of RL. Let the range form.

11:45: Looking for BOF of RL, also looks like ciggerate pattern forming (remembering ST sir teachings)

13:25: Hesitated to enter short as BPB of RL, as I was looking for long trade at that time

14:10: Done for today, as not comfortable in taking any signals now

17 - Apr - 2017 (Nifty)

Market Commentary:

9:55: DO below PDL, price couldn’t sustain PDL later and fall sharply to RN and hovering around.

10:05: As price is in sell zone (i.e. below PDL) preferable trade is short as BOF of RH. Will wait for range formation now

15:05: Range bond market at its best. Done for today.

13 - Apr - 2017 (Nifty)

12 - Apr - 2017 (Nifty)

Market Commentary:

9:36: DO below PDH/PDC; 40 points fluid below 9240.

10:00: 70 points sharp fall, missed the move as I waited for PA at PDH

11:40: Range formed, 9208-9194... BRN in middle... Will look to take long of BOF of RL/PDL happen

12:55: Shooted up now, moves not in my favor

13:45: Will stay away till price reach PDH/DL/PDL now

11 - Apr - 2017 (Nifty)

10 - Apr - 2017 (Nifty)

07 - Apr - 2017 (Nifty)

06 - Apr - 2017 (Nifty)

Market Commentary:

9:35: DO below PDL, price moved above PDL and sustaining

10:30: Small range formed, 8243-57... PDL being in middle

11:15: Price resisting at 8243, which is earlier RL... BOF of lower RH is good signal for attempting short, but space is an issue. Will wait for better clue

11:55: Price into upper range and hovering at PDL now... Looks like small range move till RBI news at 2:30 PM

12:45: DH broke, but price immediately rejected and trading below PDL again... PDL loosing relevance. Removed range mark from chart... wait for PA at extremes now. 8266 – 8232 is range now

14:45: Broke above RH... Pin bar after touching PDC

14:50: I don’t expect any trades today. Calling the day.

05 - Apr - 2017 (Nifty)