WaveMoku

Buy Nifty with Small SL, 23900+ target and we can trial SL.

Long
WaveMoku Updated   
NSE:NIFTY   Nifty 50 Index
Based on Ichimoku 1 hour, we are going long in Nifty with small SL. The target can hit in 3-4 days.

Since it's positional setup, option selling with right edge is a good option.

Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions
Comment:
Carrying longs with edge overnight. Stop loss remain same 23380 below.
Comment:
We are keeping our stop loss cost to cost at 23500. Risk is zero now.
Trade closed manually:
We are closing longs in both Nifty and Bank Nifty. Nifty has given 200 points from our entry and it's near trendline resistance and momentum slowed down.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.