Nifty showed strength after RBI news event yesterday and Today gapped up above PDH. Bias bullish. Also IR formed above earlier resistance levels. Went long above IRH with half quantity (risk more than 25 points). NF moved upwards in slow manner. Exited when it strongly rejected from 10800 level & on BOF pattern completion. No other trade.
Note: Pointed mentioned in blog post title are calculated on 10 lots quantity, for easy computation purpose.
Points looks more to me..Is it supposed to be 22? (I read the note still wanted to confirm)
ReplyDeleteAmith,
DeleteLong entry at 10764..exit at 10790..26 points gain..minus costs 24.. divide by 2, 12.
Hi rose. Tomorrow possibility of trend day on downside or directional move on down. Don't miss to catch on morning.
ReplyDeleteThanks sai
You don't trust my analysis. Let's see tomorrow. Sai.
ReplyDelete