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, 31 July 2014

31072014


Nifty opened below PDC and went upto PDC, IR formed, it traded between IRH and IRL about four hours then broke down
1). Short below IRL into the fluid area of yesterday upmove at 7769, SL above 7776, target was PDL but TSL hit at 7739 due to high volatility of expiry day. +30 points.
No other trades taken.

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