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.

Monday, 10 November 2014

Intraday Trades - 10.11.2014

Intraday: Nifty moved  up at open. 3 DPs up.
1) Short on BOF of 2 Day's high. A blind trade with 3 DP's. Closed at IRH. A range formed
2) Short on BOF of IRH. Closed at IRL.
3) Long on BOF of IRL. Stopped out at red line.
4) Again a Long on high break. Took it as was stopped out last time. Closed near PDH.


  1. as per your strategy. Buy singal should come around 7th nov and 4.30 or 4.40 .The previous day high is broken and the price is also moves to the first candle high (When its broken the prious day high )

    1. Hi Anon,

      Price has broken PDH & moving fast, but where is Space. 2 DPs- BRN & 2 day's high are just above. so there is no favourable RR. I was waiting for a candle to close above 2 day's high for BPB.
      But generally for 2-3 DP's, i blindly trade BOF as its always a good RR with 40-50 pt TGT.

      Deven Malhotra