Monday, July 21, 2014

21/07/2014




1)Out side Gap up above PDH and BRN. But  the price could not go up any further.

2) Having failed to move up, price fell below BRN and PDH. Due to lack of momentum, didn’t take any trade here.

3) Went Long @ BOF of RL, before PDH was breached, assuming that it is a BW. PDH  started resisting and had to exit with just 3 points, when second attempt to move the price up failed. But price hit the target after chopping around. Should have trailed better and got 12 more points. 

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