Tuesday, July 18, 2017

Nifty : 18 - Jul - 2017 (No Trades)



Nifty - Market Commentary

9:50 AM: Counter Trend gap down, but price recovered from DO itself and reached BRN now… as long as PDL not concurred, bias is down

11:15 AM: Didn’t get opportunity to short, as price reversed from BRN itself, without giving proper setup. Now price took support at 3 days low, 9858.

11:20 AM: Not expecting V shape reversal now, probably another failed attempt to break DL is good opportunity to long

13:27 PM: Waited for BOF signal of DL, but price gave TST and reversing

14:50 PM: I was waiting for PA at DH or PDL. Without giving any chance, nifty sold off.


15:30 PM: Disappointing day, price moved well in both directions... couldn’t make any entry

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