Market
Commentary
9:52 AM: Missed good setup for LOL short as
BPB short of PDL, as I just opened chart. Will look for reversal trade as nifty
seems to be reversing from 9600 and attempting to cross 9600 NS now
11:45 AM: No good setup to enter short or
long after missing better setup of LOL short, price continuing downward journey
13:07 PM: Price settling above BRN now, not
comfortable with long as HH made before breaking DL earlier, NS BRN are just
above
13:13 PM: Adjusted PDL to 9619, instead of
9625…as price resisted here before breaking BRN earlier, good order flow may
come above this
13:18 PM: Not comfortable with short at
BRN, as price seems to be forming BW
14:17 PM: Removed 9600, 9610 (9600 NS) as
DP’s as 2 swing points made above and below… these don’t act as DP’s any more
14:20 PM: PA bit confusing, now will only
look how price behaves at PDL (9619). BOF of PDL short (Intraday Bias being
down so far)? Or BPB of PDL long (short covering)?
15:30 PM: Done for today
No comments:
Post a Comment