Nifty 50 Index
Long
Updated

TRADING IDEAS FOR AUGUST 27 2019

111
Well,,We have rallied really hard...so
SHORT:-
11200=BECAUSE IT IS THE PREVIOUS HIGH AND A RESISTANT
ALS0 11200 IS THE 200 DMA...

LONG:
ONLY @10800 IF NIFTY RETRACES....

Note
10800 IS THE 61.8 RETRACEMENT BUY
Note
PLEASE PLACE A STOP OF 41 POINTS ON NIFTY TRADE PLEASE.
Note
BUY A PUT 50 11000 STRIKE,,JUST IN CASE OUR 11200 DOES NOT COME
Note
11140 and 11170 are intial resistances
Note
11140 WENT TO MY FIRST RESISTANCE.....TRADE IDEA STILL STANDS...ALL THE BEST. DONT FORGET THE STOPS
Note
YOU SHOULD GET A DOWN MOVE AFTER THE FINANCE MINISTER COMES WITH HER PROMISED MEASURES THIS WEEK,,MAY ITS ON THURSDAY...

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