Monday, April 16, 2018

Nifty : 16 - Apr - 2018 (+14)

NF gapped down below PDL and rejected swiftly, moved into previous day range.
After taking support at PDL, it went into ranging mode. Waited for BPB of RH Long, on first instance it failed to sustain. When it moved with good BULL candle, went long with Half Quantity,, as FTA is just away.

After BRN broke, deep PB happened. Added remaining quantity as BPB of BRN (Average price came to 10502). Exited when price failed to move beyond PDH. Later price moved another 20 points.



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