I am not a certified analyst. The charts shown and the content in the blog are for educational purpose only and in no way is a buy or sell recommendation. Readers are advised to use discretion.

Thursday 8 May 2014

Intraday Trades - 08.05.2014

Intraday: Nifty Open near BRN. Gave a pullback & moved down. I was waiting for it to touch PDC & PDL for reversal, as it opened with a positive bias.
1) Long on the BOF of PDC. Closed when it made a Tag on UBB with no follow up.
2) A Short on BOF of BRN with a tag on UBB. Closed at PDC
3)  Long on a Big hammer after Consolidation. Was very confident, so took double of my position. Sat a lot till end. Closed at breakeven. My fault as too much hope emerged .. will improve..

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