Thursday, 20 August 2015

20082015


Today nifty opened gap down, within yesterday's range.  Missed two shorting opportunities in the morning, one as BOF of BRN 8500 and another one as BO of narrow range, as I was not in front of the screen at that time.  At last, took a short below BRN as marked.  Covered at 8360.

7 comments:

  1. Hi Dave,
    Whey did you short after 100 pts fall ?

    ReplyDelete
    Replies
    1. Shashank

      I thought it was trending down nicely, stalled and was stuck in a range at BRN 8400. Also that level was 14th Aug low and prices were trading within that day's range for last three days.

      URD

      Delete
  2. Also why did you covered at 8360. 8350 was so close. It was a great managed trade.

    ReplyDelete
    Replies
    1. On my chart 8358 was level which held last time when the prices were there. So expected some bounce from there.

      URD

      Delete
  3. Hi URD,

    Why you did not take BOF of BRN just before you took BO trade?

    Thanks

    Rup

    ReplyDelete
    Replies
    1. Rup

      Techincally there was not any good BOF of BRN.

      URD

      Delete