Tuesday, October 7, 2014

07/10/2014


Resuming after a long holiday, Nifty opened with outside Gap down, 55 points below PDC. As expected, price was consolidating for some time. NS BRN was supporting the price for a long time.

1) Took IRL BOF Long. Had to scratch. -1 point.

2) Shorted BPB BRN. Made a quick exit, as I thought that the momentum is not good enough to push the price down further.  -1.5 points.



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