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ASHWINIKUMAR2101
Oct 5, 2020 12:48 PM

NIFTY TRADE SETUP FOR TUESDAY Short

Nifty 50 IndexNSE

Description

As i have told i will sell on the rise on condition. As per my support and resistance, i am getting a level of 11553
but there is dynamic trade line resistance near 11570.

i have taken both the position first sell 11700 ce at 11553
and again 11700 ce at 11570 with stop loss 11605. Miss the reverse trend .

now for tomorrow i will again follow the same strategy.
Level I have given on the chart .
there is a clear sell position below 11450 and buy above 11600.
A safe trader can consider these levels only.


Comments
ASHWINIKUMAR2101
I don't trade like that . I scalp and trade in both direction simply following price action and 5 min trand line .
sudiptaraha
start to sell nifty at the beginning of the market for the first three hours and it may continue for the next three hours
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