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.

Wednesday 11 June 2014

Intraday Trades - 11.06.2014

Intraday: Nifty is not able to stay above PDH for 2 days. Today also, a try failed. A Hanging man, then a Bearish candle on Daily Chart suggests some correction towards 7530.
Took below trades today
1) Long on BOF of PDC above PDH. Closed near RH/ BRN.
2) Short on BOF of RH. A fast move closed near PDC
3) Long on BOF of  RL. Bad Judgement as MBB was down. SL hit
4) Short on Break of Pivot as TRAP. Closed when 2nd push towards BRN failed.

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