tRex88

Nifty 15m chart analysis

NSE:NIFTY   Nifty 50 Index
Nifty             15m chart analysis


Short Nifty             below 10520

T1: 10465
T2: 10400

SL: 10545
Comment: Looking at the Nifty channel from another perspective
Comment: Looking at the Nifty channel from another perspective

Comment: The short setup mentioned above is cancelled and we will be looking forward to short only below 10480
Comment: Made a low of 10480 so far. Didn't trigger short trade entry so far
Trade active: Short Nifty below 10480

T1: 10460
T2: 10430
T2: 10400

SL: 10512
Trade closed: target reached: .
T1: 10460 achieved
missed T2: 10430 by 4 points
Trade closed: target reached: .
Comment: .
T2: 10430 achieved
Missed T2: 10400 by 4+ points
Trade closed: target reached: .
T2: 10400 achieved.
ALL TARGETS DONE
Trade active: Buy Nifty at CMP (10370+)

T1: 10420
T2: 10450

SL: 10348
Trade active: Nifty long setup here posted 20 mins ago:

Buy Nifty at CMP (10370+)
T1: 10420
T2: 10450

SL: 10348

Trade active: .
Made a high of 10409 after we entered the trade and missed T1: 10420 by 11 points
Trade closed: stop reached
hi Rex, nice channel perspective chart easy to understand great work, thanks.
+1 Reply
tRex88 theeye
@theeye, Thank you :)
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