Wednesday, 25 January 2017

Nifty Future 25012017


It opened above all the DPs and could trade above them. It traded in the narrow range in the morning session.  After breaking out of that morning range, it lacked momentum and again traded in the range above it. By the afternoon, it was very much apparent that the prices were moving in a trend day fashion.  With this information, going long above RN on direct BO was possible which yielded well. 

3 comments:

  1. Sir usually trade takes place before 11 and after 1. Is it true ?

    ReplyDelete
    Replies
    1. RR

      It is not like that. In noon time there is usually less action and participation from the traders.

      URD

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