Description
⋅ In lower time frame Nifty approaching 1.618 retracement. RSI also overbought so expecting a small correction.
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.