04.12.2017_Nifty
Future_Dec 17
Prices opened within
previous days range near PDC. Initially prices tries to BO the PDL and failed.
BOF entry was generated on PB After BOF. The immediate DP was ORH and
BRN-10200. Prices touches the ORH and moved within the tight range at ORH. In
later stage, prices tried to BO the tight range high but failed and given a BOF
signal.
This is EOD
analysis, but in real time, today there is no convince able entry which one can
take comfortably as there was no space to move for prices. Effective DP's of
the day were PDL, ORH, Tight range high, BRN.
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