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Mo-Kri
Oct 19, 2022 5:06 AM

Nifty trade plan 19/10/2022  Short

Nifty 50 IndexNSE

Description

All the details and key levels are mentioned on the chart.
Without sure confirmation don't enter long on the breakouts .
False breakout and Sell off will be a major scenario.

Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.

*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES

***If you like my analysis let me know by giving boost or a comment.

I will be updating
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