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, 28 August 2014

28082014


Nifty opened above PDH and pulled back
1). Long on BPB of PDH at 7960, SL below 7950, trade lost momentum, scratched at 7961. +1 point.
2). Long on BOF on IRL/RN at 7957, SL below 7948, I thought it will break HOD but it did not, TP at 7958. +1 point.
No other trades, only expiry drama.

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