1) Missed PB Short entry, due to
delay in placing the order.
2)CPB Short Limit order was not
filled.Took BO order. Scratched on seeing the pivot 4 being formed. Gave 2 points.
3)Engulfing candles indicated BOF.
But 12.21 candle conveyed something to the contrary – bulls getting trapped.
Decided not to take any trade here.
4) Shorted BOF BRN. Got 16 points.
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Analyst, registered with SEBI/MCX or any Exchange. 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.
Hi SK,
ReplyDeleteNice trades. But you have drawn the range resistance at the wrong pivot. It is around the HOD.
Thanks Jagadeesh. Noted your inputs. I thought that the zone below BRN as Resistance, as price went below the then LOD after touching this zone.
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