Go with pharma index.
If NIFTY is green & pharma is green: If sustains above 953 go long. Target 1 is intraday. Target 2 is for a swing.
If NIFTY is red: if it breaks below & sustains for 15 min. go short.
There's a high change for it going up.
Others points to consider:
on hourly timeframe price @ 200 EMA
If NIFTY is green & pharma is green: If sustains above 953 go long. Target 1 is intraday. Target 2 is for a swing.
If NIFTY is red: if it breaks below & sustains for 15 min. go short.
There's a high change for it going up.
Others points to consider:
on hourly timeframe price @ 200 EMA
Trade closed: stop reached:
Beautiful fall. Couldn't benefit from it though. :-(