Tuesday, 31 January 2017

Nifty and Bank Nifty Future 31012017

It was a news flow heavy day.  I could find trade setups both in Nifty and Bank Nifty today.  As marked there was direct BO trade setup in Nifty which yielded some.  In Bank Nifty there was a good BOF of Range low which because of news flow moved very well.

Trade cautiously tomorrow on Budget day.  Trading DPs with usual price action will not work on a day which is full of big news flow.  Better to trade only after the Budget announcement is done in the afternoon.

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