NIFTY Trade plan 1 Short for the very Ist hour of the day(ie 30 Mar 20)
Possibly Head & Shoulder
Trade Plan Resistance stands tall around – 8926-9021
Going Short would be a good idea
We can expect a lower levels as mentioned on chart as Targets.
Be quick in booking profits as we may reverse and continue north from the Targets. Above mentioned targets may form a base for upward journey of Nifty towards 9401 in coming days.
Be Proactive Trader, rather Reactive Trader Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk"
Happy Trading Jai Hind Dhiraj Singh Bais Warrior @ Battle field
@pravinkosare, dear pravin.....I guess you missed my another view..Have a look, a trade plan which is likely to be active between 1015 -1315hrs
Sharathhp21
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If market opens below 8533 which is strong support then we can see 8078 levels as target .. Shorting the market below 8533 preferred
DhirajSinghBais
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@Sharathhp21, Dear Sharath, be quick in profit booking for the plan you mentioned....kindly have a look on my another view. Action plan 1015 hrs onward of 30 Mar 20
jigs999999999
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What if the opening is below 8300, still to short?
DhirajSinghBais
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@jigs999999999, Dear jigs, always follow the rule that, we work in stock market, the edge is R:R & probability....a worst setup can also be profitable if managed smartly. Never buy/sell far from stop
jigs999999999
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@DhirajSinghBais, Keep rocking brother couldn't have said it better