6th December 2017



Market gapped down below yesterday’s close. Skipped temptation to go long above initial bar. Three attempts to move up failed. Master candle (MC) formed at PDL/BRN. Short below the master candle. Took profit when the trade stopped moving further at the top of the pin bar. BOF of the range low gave an opportunity to go long, took profit at BRN. BOF at BRN gave another opportunity to go short with a target of range low.


Trade 1: +10
Trade 2: +13
Trade 3: +12
Start Up capital- Rs. 75,000
Margin for 1 lot: ~61000
Profit = 35-5(brokerage) = 30 points à Rs. 2250
Total Capital- Rs. 77,250
(for research and information purpose only, no tips will be provided)

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