Plan:
It is an event(RBI decision) day. So trade light & cautious.
Based on the SGX nifty & pre-open it is clear it is going to open down. Find for the oppportunity which can be of support near the PDL.
Execution:
1. RelCap fit the plan. First candle confirmed, it is not ready to go down. Buy near the PDL . Exit with 2 points.
2. Though it is very clear that PDL lends support, owing to the event , no trades executed here
3. Support at PDC is a buy , on a normal day. After seeing such a volatile move, got scared & didnot do any trade here ...
4. BO-HOD is a buy again, with 2 ~ 3points profit. ( didnt trade as I was not watching live)
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