Monday, 24 October 2016

Nifty Future 24102016












It opened full gap up and took support at multiple DPs like PDH/PDC/BRN.  Traded in a tight barbed wire range.  Waited for the prices to come out of this tight range.  Took BPB of HOD which ended as a scratch.  Took a short trade below 8725 which was acting a range low which also ended as a scratch.

4 comments:

  1. yours and 'http://dptradingnotes.blogspot.in/2016/10/24102016.html'
    both are same... means you people think alike. . .

    ReplyDelete
  2. Sir breakout from the range @ 12 p.m could have been traded,kindly update thnx

    ReplyDelete
    Replies
    1. Amber
      The range around DPs is called tight trading range and it is tricky to trade TTR because we don't know how long price will remain in that and often BO fails.
      URD

      Delete