It opened with small gap up within previous day's range and traded in a narrow range for most part of the day. A direct BO of this consolidation was a good setup to go long as marked.
My name is Uday Dave. I am a full-time day trader and I trade for my living with my own funds. I only do intraday trades in Nifty, Bank Nifty and stocks using a 3-minute candlestick chart with Decision Point Trading System and price action trading methods. My objective is to capture small swings or moves, i.e. 20 to 25 points in Nifty, 50 to 100 points in Bank Nifty and 1% to 2% kind of moves in stocks daily. I also like to help other aspiring traders learn and master this wonderful trading system through this blog, video tutorial and mentoring program.
I started this blog in year 2012 to record my trades, observations, experiences and to share them with other aspiring traders. Please read section "Lets Begin" first if you are new to this blog. I hope with all your support I will be able to continue to maintain this blog and improve further.
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