There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Wednesday, June 12, 2013
Nifty Gaped down below PDL and started trading in a range. Being an announcement day did not attempt any trade till it is over. First trade was a BPB of range low which failed immediately. Scratched. Long on the break of Range low to the up side. TP at BRN.Shorted on the BOF of PDL/BRN. This one also ended as a scratch. Rest of the day Nifty got trapped in a Channel.