Wednesday, February 26, 2014

26/02/2014 Wednesday




Expiry Day. Opened inside PDR.  TST noticed at PDH. Waited for BOF, which never happened. Price was consolidating in a very narrow range below PDH as a Cigaratte.  Could have entered PP on seeing Cigaratte. No other clear signals were available for the day.

PDH was broken, but didn’t enter Long, as the Momentum was not good enough. Further Options OI clearly indicated that the range is 6200 – 6250. So wanted to enter at the extremes, at BOF. Didn’t get the signal throughout the day. Price was  moving in a channel. So no trades for the day.
 

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