Monday, June 11, 2018

Nifty : 11 - Jun - 2018 (-3)

After consolidating day, NF gapped up above PDH and moved fast till BRN 10800. Skipped attempting BO above BRN as 10814 is very near, earlier swing high. After breaking 10814 level, NF not sustained and started ranging. Range formed 10800-10820. Took BPB of RH long,, but scratched it as it failing to move as expected. Also BN struggling to move beyond DH at same time.

Later NF broke down into lower range and chopped around. Not comfortable with then PA, no other trades.



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