Friday, March 7, 2014

07/03/14, Friday



Made a HL after IR was formed and IRH was broken. It was a good Long opportunity, but didn’t take it. Shorted  when the price reversed, but price quickly started moving up and was stopped out. Didn't reverse the trade, as was hoping for the exit of critical mass sooner or later. (Being Friday, thought that the critical mass will  sell and exit forcing the price to fall.) But all the selling was absorbed and Nifty made a lifetime high.

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