Trade - Short 29900CE + Buy 30100CE
Technically trade should be naked sell at 29900CE at the CMP with SL if 30000 touches at BN (that's the conjecture right?)
But people here will not close the trade if such thing happens.
This is BN 1H chart. Right?
Step 1: Draw a line over Breakout point
Use the Fibonacci tool from Tradingview. Put the 100% to the day's high.
Now move it up (Click "Auto" on the lower right side on Tradingview so that it allows you to do that.)
Conjecture - BN will not have the same momentum i.e. there will be no such event of effect whose effect is more than of such events that caused the breakout at the first place i.e. Biden win, Virus stuff.
So, BN did 4000 points in 40 bars. Our bet is simply that it will not do 1000 points in the next 10 bars.
Good morning 🌄
I'm new & learning. Would like to ask you one general query. Request you please guide.
👉Sir, if a stock is running above 200EMA on Monthly, Weekly & Daily chart & same is running below 200EMA on 30Min chart.
So what trade should I take buy or sell? I'm quite confused 🤦🤦🤦
Should I consider only 30min chart or I've too look for Daily chart also?
My trade should be as per Daily chart or 30Min chart?
Request you please reply apart from your busy schedule 🙏🙏🙏