Nifty gaped up above PDH.An outside counter trend gap ( Read ). Entered on the open with a stop below PDH.A wide IR formed.The LOL, BOF of IRH and BRN was a short signal. Skipped it because I suspected a channel move and MSP was too close. Shorted on the BPB of MSP. A momentum move breaking DO,IR Low,PDH,PDC, and PDL.finally stopped at BRN 5900. LOL BOF of LOD and BRN 5900 gave another long signal.
I think , I have not explained the concept of MSP ( Major Swing Pivot). I will make a separate post on this.