Today Nifty opened full gap down around 50 points. It seemed like Nifty took support at the prominent Flip on a daily chart and NS BRN 7800. IR formed. Avoided going long above IRH as there was RN above. Finally took a long above RN.
1) BPB of Range High. It moved as expected. Once it broke PDL on up side, trend accelerated. Booked at 70 points of profit on the first sign of trend weakness.