Nifty opened within previous day evening range and failed to go above it. FTC at the range high gave a short signal . I was expecting it to go to the range low (PDL) but fell further. BOF of PDL gave a long. TP at HOD.Nifty made a barbed wire around HOD for nearly two hours.Finally gave a BOF at the Range Low/BRN. This trade moved very well. BOF of the last range came too late to trade.
Compare today's first half price action with Mondays (16072012) first half.What did you notice ?