Nifty trade plan for 07-06-2023
Updated
Nifty filled the gap and bounced after building the base, but over all it is in range same as last 5 days
buying on dip worked well, and same plan is for tomorrow
most likely tomorrow is a gap up, if so wait for dip to buy and resistance will turn into support
if gap down then we have support market with 15-20 points SL, we can plan for 1:4/5 RR trade
buying on dip worked well, and same plan is for tomorrow
most likely tomorrow is a gap up, if so wait for dip to buy and resistance will turn into support
if gap down then we have support market with 15-20 points SL, we can plan for 1:4/5 RR trade
Trade closed: target reached
Marketed behaved exactly as posted, gap up, a dip, resistance turning to support with 15-20 points SL1:4/5 RR trade done
just perfect
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