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, 21 October 2014

21102014


Nifty opened gap up within previous day range, IR formed, skipped long above IRH as PDH was near
1). Long on BPB of PDH at 7940, SL at 7932, TP when price fell below RN at 7949. +9 points.
2). Short as FTC above RN, entered below 7942, SL at 7948, TP near IRL at 7915. +27 points.
3). Long on BOF of BRN/PDC at 7909, SL at 7900, TP at 7945. +36 points.
No other trades.

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