May 27, 2015

NIFTY futures intraday charts

- did not trade short because of strong nearby supports
- lower tails did not encourage short trades
- breakout above first box was first long trade
- this gave no profit no loss
- aggressive long trade would be at 5th or 6th bar.
- strong intraday recovery negated any short trade consideration
- did nothing the whole day as markets were rangebound

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