There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Monday, April 29, 2013
Nifty opened within previous day range. IR formed. Skipped the BPB of IR high as BRN was too close. Price hit PDH and channeled down. without giving any reliable short signal. I was expecting a test of IRL/LOD. But nifty traded in a range between BRN and PDC. BOF of range low gave a long which ended as a scratch. Finally went long on the break of 10 point tight trading range. This one moved well.