1) Opened without Gap. Soon fell down breaching PDC,PDL,BRN. Only if a direct BO is attempted
below PDL, this move could be captured. Didn’t go for a direct BO in the
absence of consolidation before PDL.
2) Bulls made their presence felt by one and all with a V shaped recovery,
something very rare.
3)Price consolidated for a long time. Went Long above the
then HOD. -7 points. In the hindsight, feel that this must have been avoided.
4) Shorted below PDL.
TRAP at the then HOD, consolidation above PDL and the fluidity below lured me into this
trade. -7 points.
5) Just when emotions showed their ugly head, reaffirmed my
commitment to focus on process and not on profit/loss. Took the LOL BOF Long
and after a choppy move, price hit RN, my target. Got 18 points.
6) Was in two minds – whether to take BPB PDL or not. The previous BO attempt
almost took the price upto BRN before
retracing. So there was a strong chance that BRN will be hit this time.
Hesitated and missed 30 points.
7) Was not interested in BPB of BRN, as price retraced
quickly and hit BRN soon. As price action was below BRN for 20 minutes, except for a few
seconds, it didn’t look like strong BOF
too.
Tomorrow is Budget day.
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