A Beautiful Trendline Resistance of NIFTY
Updated
Whenever the price reaches this Trendline region supply comes in and the price falls down. One should wait for NIFTY to strongly close above 17640 (with wide range candle with volume expansion) to go Long.
Trade active
Entered with 30% of My position size. Remaining 70% after the price moved above 17640.Note
Gonna square up my entire 30% position at ₹17,600 will re-enter after Nifty breaks above ₹17650Note
My SL is at ₹17050Trade closed manually
Closed at 17575. Will re-enter if the structure develops furtherTrade active
Re-entered today @17760Note
17590 is my SL on closing basis in 1hr tfTrade closed manually
Closed my Long options.
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