Monday, July 28, 2014

28-07-2014


NF Opened with a small Gap but got sold at BRN. Dint take the short at that point of time, since NF was maintaining a Channel from Previous day. Took the break-out of Channel on downside for initial target of PDL. Broader market was very bearish, so was trailing it without booking the profit at PDL. After LOD there was a bounce and got stopped out. At End of day, there was one more push to break LOD, but failed, so took the counter trade, I was not confident with this, so booked it soon with small profit.

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