Nifty opened just above PDL and broke it. There was a BRN below PDL so avoided taking BPB of PDL.
1) BPB of BRN. Took this CT trade. It did not work. Had to book at a loss of 7 points immediately once it got rejected to go down further.
No other trades in morning session.
My name is Uday Dave. I am a full-time day trader, blogger and day trading educator. I mainly day trade Nifty, Bank Nifty, stocks and stock options and in the evening if I get time I trade MCX Crude Oil, Nickel and Silver using a 3-minute candlestick chart with Decision Point Trading System and price action trading methods. My only aim is to capture small moves, i.e. 20 to 25 points in Nifty and around 50 points in Bank Nifty daily.
I started this blog in year 2012 to record my trades, observations, experiences and to share them with other aspiring traders. I hope with all your support I will be able to continue to maintain this blog and improve further.