NIFTY Intraday Risk:Reward play, for 27NOV,19

Updated

For levels on FNO symbols, check my personally designed interface .
All levels are of cash symbols, but you can trade relatively on futures as well.


https://www.4shared.com/mobile/pnJ3ikLEea/RedTicker_trial.html

Dont be a bull, Dont be a bear. Just be a Hare!
Trade active
Short nifty, sl around 12110
Note
target, nearest lower zone
Note
this trade was taken on basis of choppy indicator, take a look at it. works nicely
snapshot
Note
only cautious as usdinr is also falling, (usd is weakening) is a bullish sign on nifty. lets see
Note
move sl to cost, doesnt look promising
Note
my sl at 12099 spot, (do relatively on fut)
Note
as such there is no setup involved apart from the indicator analysis. So its safe to book the current profit (its above 1:1)
Trade closed manually
Beyond Technical AnalysisChart PatternsindianstocksNIFTYnifty50nsenseindianseniftyTrend Analysis

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