Trading derivatives can result in drawdowns of capital. The trades shown using the charts are not to be taken by the readers. Views and analysis are personal.
I am not a research analyst registered under the SEBI regulation 2014 and not authorized to give any financial advice. Information contained in this blog should not be used, relied upon or treated as a substitute for specific or professional advice.
Charts posted here are strictly for educational purpose.

Thursday, 26 June 2014

26062014

Nifty opened below PDL and formed Initial Range.Missed the short trade below IRL.After the fall Nifty started trading in a range.Entered short on BOF of range high but it did not move as expected.Scratched at breakeven.Long on BPB of range high, stopped out with loss of 8 points.Short on BOF of range high below the swing low.Exited near  BRN with profit of 25 points.
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