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.
Comment:
Gonna square up my entire 30% position at ₹17,600 will re-enter after Nifty breaks above ₹17650
Comment:
My SL is at ₹17050
Trade closed manually:
Closed at 17575. Will re-enter if the structure develops further
Trade active:
Re-entered today @17760
Comment:
17590 is my SL on closing basis in 1hr tf
Trade closed manually:
Closed my Long options.