Market Commentary:
9:34 AM :IR (9950-9928) formed with yesterday’s range again. Any directional move only after crossing PDH/PDL. Let's see PA after break of IR. As of now bias is bullish, and looking for BPB of IRH or BOF of IRL long
10:00 AM : NF broke IR and PDH with force, littile PB didn’t allow me for entry. Difficult to catch this kind of straight line moves.. Will wait for price to move till PDH or forming a range here. It seems day is going to be trend day
12:03 PM : 9968-9990 is the range formed above PDH; will look for a BOF of RL long with stop below PDH
14:02 PM : Price attempted to go above range formed.. Did a BOF and sharp fall to RL.. it's a bit confusing now to attempt any longs. Will wait for some time if price reaches RL or PDH again and gets rejected
14:12 PM : On contrary, if price breaks and sustain below PDH.. a short can be attempted
14:52 PM : Time Up;
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