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.

Tuesday 5 August 2014

Intraday Trades - 05.08.2014

Intraday: RBI policy Day. Mkt Trend was Up & New Range was forming with an up bias.
Avoided trading till it got out. Mkt moved a little up & then a fast move came downwards. Couldn't get any good entry signal. Waited for it to settle down.
1) Long on break of BRN breaking candle's high. Closed at day's end.
Mkt has started moving upwards after a Gap Up opening yesterday. A new Upmove may have started !!


No comments:

Post a Comment