Tuesday, 6 September 2016

Nifty Future 06092016
















After breaking out of a range at 8700 in end of August it just consolidated for few days only, and today again broke out of that small consolidation with full gap up.  It seemed bulls were in so much of hurry. Did not want to miss joining them and entered as BPB of PDH on break of BRN by buying 8900CE at around 100.  It turned out to be a trend day as expected giving maximum gains possible.

Are you benefiting from these wonderful moves?  Remember, when one side dominates a lot like this it will hardly allow meaningful pullbacks.  The video tutorial will help you understand the price action better and give you confidence to participate in such moves and hold on to your position.

5 comments:

  1. good... i miss u teaching..............

    ReplyDelete
  2. Davebhai,

    Nice trade,.Why you avoid exiting the trade at 11.41 while second attempt to break the NS BRN failed.similarly 13.08 bar small range brakout failing near NS BRN.also swing low at 12.50 broken ..How did you survive during this period. what was the thought process and trailing mechanism.

    Thanks
    Bharat

    ReplyDelete
    Replies
    1. Bharatbhai

      It seems you have not yet completed watching all the videos. You will get your answer once you finish them at least twice.
      URD

      Delete