Opened with outside Gap down and soon gap got filled. Too
many DPs inside a narrow range, rendering it impossible to take any trades in
the morning.
1) Price started falling very slowly. Ascending triangle
like consolidation noticed below BRN. Waited for the price to make another attempt
at BRN before shorting below CL. But the
fall has started a little erlier. Missed 15 points.
2) Didn’t take BPB
IRL, as the Price has already moved by 35 points from HOD. Further PB went on for a little too long, indicating
that buyers are not weak.
So no trades for the day.
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