I am not a certified analyst. The charts shown and the content in the blog are for educational purpose only and in no way is a buy or sell recommendation. Readers are advised to use discretion.

Thursday 24 July 2014

Intraday Trades - 24.07.2014

Intraday: Trend is Up from few Days, but Nifty open below PDC, PDH. Yesterday was a Hammer on UBB in 15 min. It failed moving down by forming an Initial Range. Went Up to again test the PDH.
1) Short on TST of PDH, BRN with another Hammer in 15 min. Closed on the Tag on LBB. Price was making Higher lows & continuously testing the High.
2) Long on BO of BRN & all time High. Closed it in the first red candle as was stopped out.


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