1)Kept a sell order at XX37. Not filled.
2) Didn’t long at Range Low as the
bias was bearish.
3) Was expecting complex pull back,
as the projection was less. Being CPB, wanted the pull back to last bit longer
before placing a sell order. But the
price action was not as per my expectations. Accumulated stops at the then LOD,
resulted in a 20 points fall. Missed this move.
4) Kept a sell order at XX95. This was
also not filled.
So no trades for the day.
Disclaimer: I am not a Research Analyst, registered with SEBI/MCX or any Exchange. 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.
Hi Karthikeyan,
ReplyDeleteAwesome.. I'm glad you are marking zones in your chart. Your analysis and mine almost coincided today.. :)
Hi Jagadeesh,
DeleteNice to know that the analysis is coinciding. But I may have to move a notch or two up before I can convert the analysis into winners.
Thanks.
S.Karthikeyan
You will for sure... :)
DeleteAll the best for that..
Thanks a lot for the motivating words.
DeleteS.Karthikeyan
Thank you for the chart. We opened between pDC and pDL. What made you become bearish? Thx
ReplyDeleteRange of the day was below the last range(Range in which PDC was located) of the previous day. Price never made a serious attempt to move up to the last range of the previous day. Trust this helps.
DeleteS.Karthikeyan
Got it. Thank you for the response.
Delete