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 13 January 2016

Intraday trades - 13.01.2016

Intraday: A Great volatile day. Closed the Longs taken yesterday on second attempt failure.
1) Short at break of Pivot and close below MBB. It was a LOL above which price didn't break.
2) Could have gone long, but avoided due to a fast fall. Was expecting another push down.

Overall, Mkt has given a good BOF in Longer TF as didn't sustain in lower ranges and came back to Upper Range !
Some crazy things going on in OI side, so still feel like 7500 will hold for few more days may be till this Monday session, then we have our journey towards 7220 NS !

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