1) Was choping inside IR for some time. So many DPs such as PDC, RN and RN Spot inside a narrow range. Didn't go for direct BO above PDC, as RN Spot was closely located. Further the trade is directed into a strong reistance zone of yesterday.
2) After chopping all over a narrow range, unexpected steep fall upto PDL resulted in BOF. Took up this Long, fluidity influencing in a big way. RN resisted and had to exit with 4 points.
3) Didn't short below PDL, as 7512 -7520 has been a strong support in the last few days.
7500 is slowly getting weakened; if and when gets breached, a big move on the cards?
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