1) Shorted BOF PDH. Got 10 points.
2) Looked like absorption at
PDH(similar to what happened on 15/4/15). Shorted as price came below PDH.
Expected the price to move quickly, as I expected trapped bulls to exit in panic. But 2.00
PM green candle confused me. Thought that TRAP is in making and hurried up
to exit at breakeven. But downmove continued after my exit. Got just 4 points.
3) Wanted to take PB cautiously as
the trade is aginst the BOF move. But price easily broke through yellow zone on
the second attempt in LTF. So no trade here.
Disclaimer: I am not a Research
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.
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