Monday, February 16, 2015

16/2/14, MONDAY




1) Could not take BPB PDH Long, as I was bit late in deciding the entry. Was a very good signal. 
2) Could not long @ FTC RL, (above IR)as  price ran up in no time. As the Range was narrow, entry near the extreme was a must.

3)  Expected RL of  the Range above PDH to act as FZ and it did.( after price had fallen inside IR.) Upmove from IRL/LOD looked like a probable channel. Wanted to short here, after confirming that the price had come out of the channel . But here also, price fell down too quickly.

5) Skipped BOF Long  @ LOD, as it was CT. 

Could not read the price action  thereafter. So no trades for the day. 

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. 

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