RBI announcement day. So no question of trading till Market
settles down after the announcement is over.
1)After the
announcement, price moved from PDL and
hit PDH. Looked like a very good BOF, Was waiting for the
price to settle below PDC to initiate short. But price moved up briskly, as if it is a Pattern failure. Did not
go long above PDH at the breach of earlier swing high as BRN Spot and RN were closely located. Turned
out to be a good move.
2)FTC noticed at HOD and price fell vertically. Again could
not find the right place for entry. Price easily broke PDL in no time.
3)Took the BOF of PDL
long towards the end of the day. BRN resisted and had to scratch. Got 4.5 points.
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