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Friday, 5 September 2014

05092014


Nifty opened near PDC/PDH and went above PDH
1). Long on BPB of PDH at 8144, SL below 8137, scratched at 8141 when second push failed. -3 points.
2). Short below range low as BOF of PDH, entered below swing low of previous day closing range at 8128, SL at 8138, trade moved well into the fluid of previous day upmove, TP at 8097. +31 points.
3). Long on LOL BOF of LOD/PDL/BRN at 8106, SL below 8096, TP at 8117. +11 points.

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6 comments:

  1. UnknownSeptember 05, 2014 11:17 pm

    Hi, how many lots do you trade?

    ReplyDelete
  2. UnknownSeptember 06, 2014 1:50 pm

    VKM Ji Why not long above BRN High ???

    ReplyDelete
    Replies
    1. VKMSeptember 07, 2014 5:25 pm

      AKC
      BRN High ? I could not understand your question..
      If you are asking about 14:51 bar high, then i was waiting some formation above BRN and 14:54 bar was a pullback after breakout above BRN and closed above BRN so i went long above that bar high.

      VKM

      Delete
  3. UnknownSeptember 07, 2014 8:06 pm

    VKM Ji
    http://i.imgur.com/x0rCkCh.png See this image
    Why no Long above BRN

    ReplyDelete
    Replies
    1. VKMSeptember 08, 2014 2:32 pm

      AKC
      My order was above that pivot high (8110), but Nifty fall back below PDL without triggering the order and start forming barbed wire around PDL so i cancelled that order, and Nifty come back again and broke that pivot but i did not enter as i was expecting a range formation.

      VKM

      Delete

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