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.

Tuesday, 2 September 2014

02092014


Nifty opened near PDC and went above PDC/PDH and pulled back, IR formed
1). Long on BPB of PDH above IRH at 8079, SL below 8072, stopped out. -7 points.
Missed the upmove till BRN as i could not find proper reentry.
2). Long on BPB of BRN at 8112, SL below 8103, TP when it could not sustain above NS BRN at 8126. +14 points.

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