Market open with Gap Up in the direction of general trend. Initially failed to reamin above PDH. Expected to close the Gap. Nifty closed the Gap and given BOF Long entry setup. Entered Long. Moved my SL to breakeven when prices failed to move up from PDH in second attempt. Exited at Breakeven. I was expecting the breach of PDH and a re-test of BRN today. Prices moved in expected direction after my exit but failed to reach BRN.
As tomorrow is the RBI Announcement day, Prices has traded in a very tight range during full day.
The day closed as Breakeven Day.
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