Tuesday, 13 June 2017

Nifty Future 13062017

It opened within yesterday's narrow range but was able to break out PDH.  After that there was no follow-through and prices formed barbwire around PDH.  At 10 o'clock this barbwire got confirmed, so it was impossible to trade that tight range till around 2:30 pm.  At 2:30 pm it broke out but again produced no good setup to trade on short side as PDC, PDL and BRN were below it, a strong line of defense.  Have a look at below chart to understand the significance of BRN 9600 level.


  1. Hi sir, thanks for your chart. Tomorrow expecting lol of Brn and PDL will be block bloster move.

    1. Arun
      9600-9700 is the broad range. If you get a good setup at these extremes, never let it go.