Wednesday, 28 May 2014

28052014



Nifty opened above PDC within previous day's closing range. Nifty remained in a narrow range most of the day. Attempted two trades without any gain.
1) BOF of LOL IRL/DO PDC.  Went long above BO candle. Booked at 4 points profit when it could not go up further.
2) Took direct BO of narrow range. It did not move as expected. Scratched when it fell back again in the range. Loss of 4 points.

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