Monday, 16 January 2017

Nifty and Bank Nifty Future 16012017

(Nifty Future)

It opened gap down but found support at PDL.  It gave the BOF of BRN PDL.  Space was an issue as PDC was close but I was ready to handle it.  It got resisted around PDC and started ranging creating a barb wire.  Attempted one more long as BPB of this tight trading range. Expected it to move towards PDH but it did not and ended as a scratch.

(Bank Nifty Future)

There was one good setup as marked for direct BO of range high.  It moved well.

4 comments:

  1. Thanks for your EOD chart.

    ReplyDelete
  2. i took 2 trade as you mentioned unfortunately both were did not work well

    ReplyDelete
  3. sir why you dont trade in commodity.......?

    ReplyDelete
    Replies
    1. Anoop

      There is a life beyond trading. This 6-7 hours of trading is enough for me.

      URD

      Delete