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

Wednesday, October 10, 2012

10102012


Nifty gaped down below PDL and BRN. I was looking to go short on the retest of BRN . But it went above it and formed another range overlapping  IR. This made original IR irrelevant. BOF of Range Low and retest gave a long signal which moved as expected. BOF of Range high gave a good short signal. I expected a break of Range low and further move down But Nifty made a Barbed wire around LOD.rest of the day.

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