Monday, 2 May 2016

9 comments:

  1. How was this assessed. Did you try to match the range with NS levels then took the BOF trade ? Bit confusing when to follow NS levels to take trade .

    ReplyDelete
    Replies
    1. Shashank

      It seems you did not understand the weekend post at all. Go through it again.

      It is not about following NS level or NF level.

      URD

      Delete
    2. Hi Uday,
      http://i.imgur.com/SAuGDLr.png
      My understanding from big picture was to use the levels (range levels) as DP.
      What was confusing to me was NF didn't repected those levels. NS did respect. Hence asked the question.

      Delete
    3. Shashank,

      Image is not opening.
      Expectation was prices remaining in the range from Big picture assessment. Once it gave the enough clue that an attempt to BO failed, why to wait further and hesitate to take the trade on BOF?

      When we try to assess price action of last few weeks or months, it should be done on spot chart and whatever levels we get there we can trade at those level on NF chart like I marked it on the chart.

      URD

      Delete
  2. Sir good afternoon
    Sir BRN Line kaise lagai jati hai
    Sir please reply

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    Replies
    1. Hiralal

      BRN is big round number, 7800, 7900, 8000 etc are big round numbers.

      URD

      Delete
  3. In Hindsight I look at it like this. DL/established range and strong flip. so chances are this might hold.
    BO not properly set (HL,LL). So chances of this BO succeeding are low. Go long above the range. FTA is BRN , Broke BRN and took support hold the trade.

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  4. sir good evening
    why dont take bo trade 10.45
    sir please reply

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    Replies
    1. Siva

      Read the weekend post the big picture. I prefer to take BPB and BOF at the ranges.

      URD

      Delete