vanathi

Mighty Nifty - July 19 Day Trade!

NSE:NIFTY   Nifty 50 Index
Nifty has formed a descending triangle . Sell below 9830 with the stoploss of 9850. Targets are 9800 and 9780. Buy above 9850 with the stoploss of 9830. Targets are 9870, 9890 and 9910.
Trade active
Trade closed: target reached: 9885
Join me in telegram to learn & earn. I also post my trades there. https://t.me/Analysis4Newbie
Levels given are for spot or Future
Reply
vanathi PankajGautamHAL
Reply
Yes...you are right..if at all it rises...price may also gt rejected at upper boundary of the triangle..will have to wait and watch.. :)
Reply
vanathi nano6yogesh
@nano6yogesh, Sure!
Reply
Hi Vanathi.. I can see positive RSI divergence here.. so at least initially it should go up I guess (provided there are no negative cues like yesterday !)
Reply
vanathi nano6yogesh
@nano6yogesh, Descending triangle is negative, double bottom like structure is positive :)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out