Tuesday, March 5, 2019

Nifty : 05 - Mar - 2019



Market Commentary

9:30 AM :  
NF opened below PDL and quickly back into PDR
BOF of PDL happened, didn’t taken long when it broke IRH as FTA BRN very near.
Will wait for some consolidation or a re-test to PDL

9:48 AM:
Marked DH into chart.
Will look for long after price break DH, preferably entry above BRN
Else if, price PB’ed till PDL and reversing from there.. Long possible
Else if price got accepted below PDL, start looking for short


11:46 AM:
Took long above PDC and added more as BPB of PDH
No momentum happened after second position
Scratched newly added position and holding old position with SL near to cost now
Will look to add fresh once price break DH-10942 Zone strongly.
As of now, it looks like price forming BW around PDH

2:04 PM:

Moving SL below swing low’s forming as Nifty moving Up


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