Dear traders, I have identified Nifty level based on my analysis, major support and resistance level. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT EXCEPT GOD. OVERALL, WE SHOULD BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
Nifty is looking quite strong on chart. OI data for next week expiry is also quite positive. I will look for buying on dips opportunity. Right now, Risk:Reward ratio is not in favour of Bulls. Today, Bull have completely dominated the expirty trade. Good traders for tomorrow's trade.
Nifty is looking quite strong on chart. OI data for next week expiry is also quite positive. I will look for buying on dips opportunity. Right now, Risk:Reward ratio is not in favour of Bulls. Today, Bull have completely dominated the expirty trade. Good traders for tomorrow's trade.