Mighty Nifty - July 31 Day Trade!

Nifty 50 IndexNSE

Description

⋅ Jul 30, 2017 7:48 AM

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

⋅ Jul 31, 2017 5:09 AM

Comment

⋅ Jul 31, 2017 5:43 AM

I expect price will reverse from here. Who are already long tighten your stoploss.

Trade closed: target reached

⋅ Jul 31, 2017 9:37 AM

At last!

Trend Analysis Chart Patterns

Comments

Parasuram

⋅ Jul 31, 2017 5:13 AM

I think your first and even second target ( almost) achieved! but the entry would have been higher

vanathi

⋅ Jul 31, 2017 5:14 AM

@Parasuram, Yes. Then i will close the thread saying "technically all targets done" :D

ddw

⋅ Jul 30, 2017 9:01 AM

Can we apply this analysis study while trading for Nifty future

vanathi

⋅ Jul 30, 2017 9:05 AM

@ddw, This is spot price. Future price is different.

vanathi

⋅ Jul 30, 2017 9:10 AM

@ddw, You can take this analysis as a guidance, Trade as per your plan in futures.