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, 20 January 2016

Intraday Trades - 20.01.2016

Intraday: As stated yesterday, It broke down towards 7220. But Before touching the demand zone, it rallied up. This calls for a bigger Fall later on breaking 7220 towards..
No Use of DPs today..
1) Took a short at UBB as a small Squeeze. Closed at pink line marked.
2) Initiated a Long here as per plan yesterday. Closed at cost
3) Another short as per plan yesterday. Closed on pink marked candle.
Missed the unexpected upmove..

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2 comments:

  1. SUNIL KUMAR A K20 January 2016 at 20:33

    Hi Deven,
    Good trades, What is kt broke down towards 7220? what is that means?
    Thanks

    ReplyDelete
    Replies
    1. Deven Malhotra21 January 2016 at 21:49

      sorry Typo... Its -- it broke down.. Now corrected.

      Delete

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