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 4 January 2016

Intraday Trades - 04.01.2016

Intraday: A Perfect Trending day in the start of Year ! Got Some, Left Some !

Moved a little up from PDL. A good Gap down & old RL above made me leave the trade.
-Shorted on Old RL. It moved smoothly. Covered at 2nd RL and took longs. Gave few points and missed the last BPB from that RL & MBB as it was already out of its max ATR.
All Old Supports clean bold- Mkt is in good Downtrend with no supports but only Resistances !!

3 comments:

  1. Dev bhai,
    RL - Range Low,
    what is BPB from that RL & MBB ? guess MBB is median BB ? is it..

    ReplyDelete
  2. Replies
    1. Thanks, You saved me from writing another blog post in blog ;)

      Delete