This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis
Nifty opened near BRN 8500 and moved down breaking PDC.I was expecting a gap down due to weak global cues. Went long on BOF of PDC/BRN. Exited when price failed to move above NS BRN level. . Price did not touch any DP afterwards and there was no prominent range formation. Waited for a signal at PDH before closure. Price did not reach there.