Priceaction has formed regular bullish divergence. Buy above 10250 with the stoploss of 10220. Targets are 10280, 10300 and 10320. Sell below 10190 with the stoploss of 10220. Targets are 10160, 10140 and 10120.
Trade active
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Short
Trade closed: target reached
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All targets done!
Comment
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Nifty followed "Vanathi Waves". Thank you Mighty Nifty!!! 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.
Will you elaborate your price action strategy ? I am new here and sustaining on technical analysis. Thank you for you analysis. :)