Wednesday, March 18, 2015

18/03/2015,WEDNESDAY




1) First candle, big and Red, indicated strong Rejection at PDH. Price didn’t retrace even upto the middle of the first  candle. Fall was very much on the cards.  Expected a bounce or pause at IRL before the fall.  But price fell suddenly without letting me enter.

2)Skipped BOF PDH Short, as there was no space. RN was in the middle of a Narrow Range.

3) Longed at BOF BRN/LOD Confluence. Didn’t move well. Gave 2 points.

Disclaimer: I am not a Research Analyst, registered with SEBI. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.
 

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