Wednesday, August 6, 2014

06-08-2014

06-08-2014


06/08/2014

Gap up open 40 points Up . After some consolidation

 some upword movement seen in crude oil .

Trade 1:- BPB Of PPDH & PDH

Short 6015 with SL 6027  ( WILL Scratch  trade if price trade above DP 6020 )
exit 6020
NET=-5 Point loss

Trade 2:- BPB Of PDH
 
BUY 6024 With SL 6019 ( Scratch trade if come in consolidation zone)
exit 6019

NET= -5 Point Loss

Trade 3:- BPB OF RANGE LOW
SHORT 6000 WITH SL 6010
EXIT -5973
NET=27 Points

TOTAL= 17 Point profit

LESSION :- DO NOT TRADE SAME DP .

4 comments:

  1. Hallo,
    I am getting following data for cruid oil on MCX..but in your chart something different.....will you correct me please?
    Date SpotPrice Open High Low Close
    05/08/2014 5998.00 6009.00 6017.00 5942.00 5948.00

    ReplyDelete
  2. This comment has been removed by the author.

    ReplyDelete
  3. @ Ath Shree

    i have not traded on 5 th august , i mention on that post clearly .
    regarding data , your data also correct .
    05/08/2014
    high 6017
    low 5942
    is same as me . ..
    i think you check date , may be you confuse with date

    thank you

    ReplyDelete