Nifty seems landing slowly but with different plan
Nifty NIFTY17JANFUT seems landing slowly but with different plan
Hi All,
By far trading pattern is allowing me to derive this idea on Algo Trading Platform--
"Though Nifty is coming down but this time one should keep long open interest"
Enter your position when NIFTY17JANFUT reaches one of the below Support level and Exit Long partial/fully at these Resistance levels.
R1 :: 8290
R2 :: 8261
S1 :: 8224
S2 :: 8200
NIFTY17JANFUT @ 8205 is the pocket where one may keep positional Nifty Long with Put in hands for better Risk Reward ratio.
Hi All,
By far trading pattern is allowing me to derive this idea on Algo Trading Platform--
"Though Nifty is coming down but this time one should keep long open interest"
Enter your position when NIFTY17JANFUT reaches one of the below Support level and Exit Long partial/fully at these Resistance levels.
R1 :: 8290
R2 :: 8261
S1 :: 8224
S2 :: 8200
NIFTY17JANFUT @ 8205 is the pocket where one may keep positional Nifty Long with Put in hands for better Risk Reward ratio.
Note
8261 = Todays Open = R2 = NIFTY17JANFUT so far Low8290 = Todays High so far = R1
Algo Wins
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