Like always, Copy the Zones and trade on a 3mins time frame.
Dont be a Bull. Dont be a Bear. Be a Hare.
Check historical ideas on profile.
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practically we should buy right now, but there are no signs of divergence. will wait for that. Also overall view is on the buying side while nifty in the EX_LZONE. (confidence low as many stocks individually are breaking down)
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8/9 points sl
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BUY* with sl below zone
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If it crosses the green trendline and closes above 11962-3, 1:2 is the least expectation
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Price action AT ITS BEST. Now if only niftybank holds.
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update your sl to 11940. (STRICT SL). its trying to break out of the zone but unable to. This is kind of a good shorting opportunity too.