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Thursday, 24 September 2015

YESBANK Fut 2015 Sep 24

Its an expiry day.

0 . Day opened gap down within the previous day range. Initial 2 candles , were green with BO-PDC, projected bullishness. However, there is not much space, as the PDH is very near.

1. BRK DWN of PDC gave a SELL signal. Exit on FTC . ( 3points profit)

2. Sell on TST-PDC. Exit on FTC ( 3~4 points profit)

It is better NOT to  venture beyond this time as it is an expiry day.