Wednesday, August 8, 2018

Nifty : 08 - Aug - 2018 (+15)




NF opened with in yesterday range; after some slide price moving towards IRH strongly with HH--LL formation, went long with 4 lots as direct BO (BN broke PDH same time swiftly)

Moved swiftly above PDH; didnt get chance to enter as BPB

later it pulled back till PDH and gave opportunity to add position with low risk, added 4 more lots at 11450. i was expecting trend day.

average price 11441.

but while making new high's price not sustaining well. exited at 11464 with gain of 23 points.

Attempted direct BO short below MSP with 4 lots but scratched with loss of 8 points


Points earned (profit / 10 nifty lots) : +15

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