Monday, October 27, 2014

27/10/2014, MONDAY



Opened with Gap up above PDH and found stiff resistance @ RN,8050.  IR was formed  above PDH..

1) Did not go for BOF or BPB of  IRL/PDH confluence, as momentum was very low. Further space was also less.

2) Did not take BOF BRN Long, as it came towards the end of the session. Further the penetration was hardly 2 points.

So no trades for the day.

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