Start free trial
NrupenM

Minor upside still left. But Weak Upside, Trail SL

Long
Nifty 50 Index (NSE:NIFTY)  
NrupenM  
NSE:NIFTY   Nifty 50 Index
nifty50 NIFTY niftyindia niftytrend niftylong niftyanalysis niftyoutlook niftyprediction
139 views
2
6
nifty50 nifty niftyindia niftytrend niftylong niftyanalysis niftyoutlook niftyprediction
Market opened with another shift in price, since all momentum indicators are oversold, this upside is not a strong upside and have high chances of failure, if you are holding a long position start trailing SL properly to protect your profits.

Regards,
Nrupen
https://www.udemy.com/trade-with-technic...

Comments

gameofmoneys
Dear @Nrupen how did you conclude that 8300 will be a crucial juncture for a pull back. Thanks!!
Reply
NrupenM gameofmoneys
@gameofmoneys, Are you asking about last day's post.
Reply
NrupenM gameofmoneys
@gameofmoneys, This one
Nifty Might Hit 8300 before fall
Reply
gameofmoneys NrupenM
@Nrupen, yes sir, what can be the target downside?
Reply
NrupenM gameofmoneys
@gameofmoneys, Where price gonna move depends on support or resistance break. when support or resistance breaks I check indicators and how much price shift was spent to break support or resistance. Then I project that price shift in direction of price, that's usually how I always take targets.
Reply
gameofmoneys NrupenM
@Nrupen, Thanks
Reply