Friday, June 15, 2018

Nifty : 15 - Jun - 2018 (+42)




Yesterday NF closed below PDL,, after grinding up move in recent days.. and today gap down. Had bearish bias at open.

First bar attracted buying, turned neutral and waited for price to reach PDH/IRL for any clude.

Price moved in HH-HL formation till PDH, but it got rejected at PDH immediately. BN not supporting up move. Took short as BOF of PDH.

NF broke DL, PDL swiftly.

Thought of adding more shorts in zone of 10760-10770 zone with trial SL 10782.

But price got accepted and hit trial sl at 10782.

No further trades.

1 comment:

  1. Hi,
    Nice trade, can you post something on money management? I am new in price action but not getting any success.. Want to be full time trader like you.
    Thanks in advance!

    ReplyDelete