vanathi

Mighty Nifty - July 31 Day Trade!

NSE:NIFTY   Nifty 50 Index
Buy above 9995 with the stoploss of 9975. Targets are 10025 and 10060. Sell below 9975 with the stoploss of 9995. Targets are 9950 and 9930. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry for short. 4. Dont enter trade if there is no clear buy/sell signal. 5. Enter when price action breaks 15 mins high/low.
Trade active
Comment: I expect price will reverse from here. Who are already long tighten your stoploss.
Trade closed: target reached: At last!
I think your first and even second target ( almost) achieved! but the entry would have been higher
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vanathi Parasuram
@Parasuram, Yes. Then i will close the thread saying "technically all targets done" :D
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Can we apply this analysis study while trading for Nifty future
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@ddw, This is spot price. Future price is different.
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@ddw, You can take this analysis as a guidance, Trade as per your plan in futures.
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