Positional: I am Bearish since 27th. Planning to initiate a positional short near NF 6280.
Intraday: Market was looking bullish before start, as suggested by SGX nifty, but the 1st candle broke the PDH downwards.
1) Shorted on the break of 5 min candle. was expecting it till close, but market didn't gave any opportunity to come out. Close at first green candle.
2) Another short, when market gave a BOF & a shooting star near UBB. only 5 pts
3) Long on the BOF of day's low with a Tag on LBB. closed at no loss.
The last short trade didn't give any reliable signal to enter.. I was expecting an upmove with the Big Red Hammer on LBB, so was ready to buy above that, but market moved downwards.
20131230170614.png)
Intraday: Market was looking bullish before start, as suggested by SGX nifty, but the 1st candle broke the PDH downwards.
1) Shorted on the break of 5 min candle. was expecting it till close, but market didn't gave any opportunity to come out. Close at first green candle.
2) Another short, when market gave a BOF & a shooting star near UBB. only 5 pts
3) Long on the BOF of day's low with a Tag on LBB. closed at no loss.
The last short trade didn't give any reliable signal to enter.. I was expecting an upmove with the Big Red Hammer on LBB, so was ready to buy above that, but market moved downwards.
20131230170614.png)
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