Market
Commentary
10:10 AM: Sharp fall from DO, PDC/PDL/BRN
broke and took support from 9380-88 zone where price took stiff resistance
earlier. Checked in day chart NF. Will wait for PA at BRN or PDL if some bounce
come.
10:58 AM: Suspecting BW formation around
BRN (9400). If not, there could be BOF of Shot below 9396 with Initial SL 9407 FTA
DL which is 15 points away.
11:20 AM: Ignored BOF of BRN signal as I was
expecting BW formation
13:05 PM: Waited for BOF of RH entry, not
happened.
14:00 PM: Price broke PDL, but reversed immediately.
will wait for swing low formation for short entry
14:15 PM: Trade 1 – BOF of PDL long at 9430 with
initial SL 9438, FTA BRN 30 points away
14:40 PM: Moved
SL to 9420 as price attempting reversal from BRN
14:54 PM: Moved
SL to 9412
14:56 PM: Exited
with gain of 16 points
Points earned: + 16
