There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits

Monday, October 8, 2012

08102012


Nifty opened near PDC and sold. IR formed. Bias was negative and I was looking to go short. It formed a small range within the IR and I went short when the third attempt to move up failed.My target was PDL.Nifty scared me a lot when the breakout of IR Low failed .There was no follow up buying. Tested the patience for nearly 90 minutes and finally went down.TP near BRN.Expected a BOF at BRN on second test , but it came too late.
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2 comments:

  1. akshayOctober 9, 2012 at 12:46 PM

    hi
    I wanted to know which charting software or online client are you using,because i don't of any indian online broker which provides intraday historical data fills?

    ReplyDelete
  2. SMART TraderOctober 9, 2012 at 3:43 PM

    Akshay

    Thanks for visiting the blog.
    I am using http://www.icharts.in/
    It is web based. They are very reliable

    ST

    ReplyDelete

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