Nifty has hit 22770-799 three time but unable to sustain. So Breakdown has started.
Be on cash or Book profit or go on short.
Stoploss 22300 for All LONG Positions For Short term Trend
Stoploss 22000 for All LONG Positions For Mid term Trend
Stoploss 21710 for All LONG Positions For Long term Trend
All above levels are of Nifty Spot.
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
Be on cash or Book profit or go on short.
Stoploss 22300 for All LONG Positions For Short term Trend
Stoploss 22000 for All LONG Positions For Mid term Trend
Stoploss 21710 for All LONG Positions For Long term Trend
All above levels are of Nifty Spot.
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
Trade active:
First Short term Trend has turned negative.
On Breaking 22000 Mid term trend will become negative.
Strategy : Sell on rise when a pullback of 5% to 10% in stocks with strict stoploss (according to your financial Advisor consult before any trade)
On Breaking 22000 Mid term trend will become negative.
Strategy : Sell on rise when a pullback of 5% to 10% in stocks with strict stoploss (according to your financial Advisor consult before any trade)