Market Commentary:
9:40 AM : NF opened with in yesterday’s range.. Below PDC and PDH.. attempted to go above IRH, failed to continue.. Below IRL (10448), 40 points Fluid is there. BPB or BO can be attempted.
10:09 AM : NF broke IRH, TST to PDC.. pulled back till IRH (10465) .. BPB of PDC long is good attempt as price moving from lower range to upper (yesterday’s closing range) and PDH is 13 points away.. Enough space to scratch if trade did not work.. On contrary, if price moved back into IR.. a direct BO below DL / IRL is good short attempt considering trapped longs above IRH.
10:33 AM : Cancelled order as price back into IR.. and no momentum seen. Away till price move above PDC Or near to DL
12:03 PM : Trade 1 - BO of IRL short at 10446 with Initial SL 10352
12:30 PM : Moved SL to 10447, as 2nd push failed to move NF further down
12:39 PM : Exited with loss of 3 points
13:58 PM : Waiting for PA at range extremes now.. DH, DL.
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