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, 23 September 2014

23092014


Nifty opened below PDC and went above it and failed
1). Short BOF of PDC, entered below IRL at 8138, SL above 8148, TP at 8134. +4 points.
2). Short on BOF of IRL at 8134, SL above 8142, TP when it bounced from range low at 8126. +8 points.
3). Short on BPB of range low at 8116, SL above 8128, it moved well and broke BRN and PDL, TP at 8068. +48 points.
No other trades.

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