Nifty Intraday for 2nd March 2023

As long as price is above orange trendline on 15 min TF, Market is under bulls control.
Below Orange trendline is bears.
Above red trendline we will see short covering,
Blue trendline is a strong support , if broken more fall
Price above Deep blue trendline is super bullish/over sold zone

Note

Algos work on candle close. Confirmation only upon 15 min candle close

Note

Price is moving around orange trendline, sideways, premium erosion.

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First time two consecutive candles above orange trendline. Wait and watch

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Booked bullish trade. Exited

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selling in same 15 mins candle after 7.5 mins

Note

perfect exit on time

Trade closed manually

Trading closed manually. Done for the day. The chart is invalid now. Move is done. Will upload another chart

Note

Bears have to careful between 1500 to 1515 hrs

Note

Technically bulls can come from nowhere before 1515 hrs. most likely in last 15 mins

hichandanvyas

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hichandanvyas

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