Nifty trade setup
nifty is still bullish. we have been seeing gap up opening for last 6-7 days .
intraday trading is tough but the best way is do scalping.
tomorrow I will go long above 11910 and short below 11790.
trend line t2 is short term support. above T2 market is bullish. and T1 is long term support.
will sell only if the market breaks T1.
there is 120 point inbetween our buy and sell .best is mark 30 min swing high and low . on the uper side sell ce and on the lower side sell pe.
if market break out or brekdown .exit from opposite position and buy ce or pe on the same direction.
on priority never look for profit .look to protect your money you will always earn. may be not very big but you will not lose money for sure.
i always said first identify the market. and do trade whenever market reach at support or resistance point.
today I have sold 119850 pe and 11900 ce .
make your own strategy .let the market work very hard to take our money.
don't run for big profit instead make small profit multiple times.
thanks
happy trading
nifty is still bullish. we have been seeing gap up opening for last 6-7 days .
intraday trading is tough but the best way is do scalping.
tomorrow I will go long above 11910 and short below 11790.
trend line t2 is short term support. above T2 market is bullish. and T1 is long term support.
will sell only if the market breaks T1.
there is 120 point inbetween our buy and sell .best is mark 30 min swing high and low . on the uper side sell ce and on the lower side sell pe.
if market break out or brekdown .exit from opposite position and buy ce or pe on the same direction.
on priority never look for profit .look to protect your money you will always earn. may be not very big but you will not lose money for sure.
i always said first identify the market. and do trade whenever market reach at support or resistance point.
today I have sold 119850 pe and 11900 ce .
make your own strategy .let the market work very hard to take our money.
don't run for big profit instead make small profit multiple times.
thanks
happy trading