Friday, 5 September 2014

05092014


Nifty opened just below PDC/PDH and broke it. As yesterday it had turned into the decline mode I was very cautious to take a CT long on BPB of PDH.  Also there was a RN just above.
1) BOF of PDH/PDC.  Shorted it below Range Low.  Covered when it failed to move further down.  Made 38 points.
No other trades in morning session.

3 comments:

  1. Hi URD
    Was is a limit order?? At what point??

    Thanks
    TBP

    ReplyDelete
    Replies
    1. TBP

      To buy I had placed trigger at 8129.5 and limit at 8129. Then squared off at market once it crossed the high of red candle.

      URD

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