Nifty showed strength after RBI news event yesterday and Today gapped up above PDH. Bias bullish. Also IR formed above earlier resistance levels. Went long above IRH with half quantity (risk more than 25 points). NF moved upwards in slow manner. Exited when it strongly rejected from 10800 level & on BOF pattern completion. No other trade.
Note: Pointed mentioned in blog post title are calculated on 10 lots quantity, for easy computation purpose.
