Bias was bearish, initially.
1) Skipped PDL BPB @ DO, as I didn't want to direct the trade at RN on expiry day.
2) Skipped PDL BOF Long also, as it was CT.
3) Shorted BOF of IRH. Got 7 points.
4) Again shorted LOL BOF of BRN/PDC, after the price settled inside IR. Didn't move well. Gave 2 points.
Stopped trading at 1.30 Noon, as Expiry volatility may unfold at any time.PDL acted as a very strong support and it got stronger and stronger during the course of the day, resulting in HLs.
Full day chart for reference:
Disclaimer: I am not a Research Analyst, registered with SEBI. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.
Thanks for the charts Karthikeyan, I feel your trades are valid.
ReplyDeleteI am happy to see your beautiful chart. Keep it up.
Raju
Hi Raju,
ReplyDeleteFull credit goes to you for helping me set up this chart. Your AFLs are also of immense help. Motivating words from well wishers like you give me a reassurance that I am on the right track.
Thanks. See you tomorrow.
S.Karthikeyan