AxisBNK fut Feb 04:
Preplans
1. Based on the previous day big down trend day, I was planning to go short @ 600 around. It didnt happen.
2. Chances are if the PDL holds... it may go up... so planned to buy at 588 & close at 590 for a small profit. It did work . 2 points profit.
Live:
3. By the time intraday range is revealed... major action for the day is complete...
However the BO of PDC & PDL was a solid Red, which shall be taken as a short signal...
It is easy doing post mortem... had it been live.. dont know what all I would have done ..
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