Trading_buddy

Nifty 50 Price Action Trade Setup !

Short
NSE:NIFTY   Nifty 50 Index
Hello! Friends,

I came with new research an idea but, before starting talking about technical Let's share your LOVE by giving me LIKES and COMMENTS.

Let look toward technical as you see in the chart, The price is consolidation between the same rarea of 100-150 point .
For further few days according to my view price will be consolidate between 11300-10700, I am expeccting litle correction in the price because price shout sharpy last week without giving any correction so Somehow i making bearish chart of nifty for target toward 11000-10800-10600.
If you dont wanna taking risk by selling future,
Then i am suggesting you can Take option
(+2x 30JUL2020 11250PE - @₹ 151.95 ) + ( -4x 30JUL2020 11000PE - @₹ 48.7 ) Maximum loss 8 k.
Thanks

Comments

its a mind diversion
+1 Reply
Great analysis. How do you Interpret the excess price in the value area. ? What info does it give us in understanding the price movement.
+1 Reply
Trading_buddy vishnuraveen
@vishnuraveen, Excess price gives the opportunity to buying or selling in lower or higher area !
Reply
vishnuraveen Trading_buddy
@Trading_buddy, thank you for the reply but during real time how do we differentiate excess price from movement away from value area ? Does excess price above/ below value area give any idea about strength of bulls/bears
Reply
Good..Good...view
+1 Reply
Trading_buddy KiruthikaSrini8
Reply
Okay thank you so much
+1 Reply
Trading_buddy rasheedji
@rasheedji, welcome
Reply
-4x means 4 lots sir.please mention buying or selling sir
Reply
Trading_buddy ibrahimshaik3777
@ibrahimshaik3777, -4 means selling or +2 for buying or number define for lots
Reply
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