Observe_Think_Act_Think

Trade Log NIFTY Intraday

Long
NSE:NIFTY   Nifty 50 Index
Before Market opens
1. US Markets were up 6%
2. All Asian markets up
3. First Large Gap up above resistance and previous high.

This was a chance trade with high risk. Because if this gap holds during the day, then it becomes turning point for the market as it eats up many shorts aggressively.

Closed the trade with loss as the gap did not hold.

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