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 30 December 2015

Intraday Trades - 30.12.2015

Intraday: Year end ranging mkt. Nifty moved in-between PDH & PDL whole day. Two ranges working from last 3 days. Spotted 3 opportunities today.
(1)  BPB of RL, but refrained as there was no touch of UBB.
(2) Layer on Layer - PDH & DH. Was expecting a Test of DH & to short there. Missed the Trade of the day.
(3) Long on BOF of DL. scratched.
mkt Broke the PDL but still sustaining in Old Lower range. Tomorrow, going below old range is first sign of Bigger Trend Reversal.

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