Positional: Have taken a Long Position today @ 6000 NF. OI Data, BB, RSI as well as the Price movement suggests that it will hold 6000 for a minimum target of 6100. RR is good with small SL @ 5975 for positional.
Intraday: Market was in a Range till 1 PM. INitial range marked in pink. Day's Hi/ Lo with light blue. Took 3 trades today-
1) A Short on the BPB of Yesterday's Close. Ended in giving my SL
2) A Long above Initial Range at a Pullback below it. Closed with 8 pts.
3) The third traded, which made the day was a Short on Failure to continue, break of Previous low & move below Lower BB. Quick 25 pts. It was same trade as was on 20.11.2013
Didn't attempt the BOF of 6000 as it was already 3:00 PM, so was not expecting it to move on upside..
20131122154142.png)
Intraday: Market was in a Range till 1 PM. INitial range marked in pink. Day's Hi/ Lo with light blue. Took 3 trades today-
1) A Short on the BPB of Yesterday's Close. Ended in giving my SL
2) A Long above Initial Range at a Pullback below it. Closed with 8 pts.
3) The third traded, which made the day was a Short on Failure to continue, break of Previous low & move below Lower BB. Quick 25 pts. It was same trade as was on 20.11.2013
Didn't attempt the BOF of 6000 as it was already 3:00 PM, so was not expecting it to move on upside..
20131122154142.png)
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