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Eatsleeprepeat

Nifty Upward Channel

Short
Nifty 50 Index (NSE:NIFTY)  
Eatsleeprepeat Updated   
NSE:NIFTY   Nifty 50 Index
Parallel Channel Oscillators
9
0
parallelchannel oscillator
In lower time frame Nifty approaching 1.618 retracement. RSI also overbought so expecting a small correction.
snapshot

Incase of Preopen Above 10140 the entire setup will be invalid. Can initiate long at bottom
Comment:
As expected facing strong resistance at channel top near 10120 zone.
Comment:
Moved to 10100. Revise your stop above days high @ 10125
Trade closed manually:
Entered at 10120 and closing the trade at 10125 with 5 points loss
Comment:
Should have stick to stoploss.
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