As we can see, in the past NIFTY has taken support from that same Ascending Trend Line multiple times,
taking support and moving up at least 10%, we can see that from S1, S2, and S3.
The Risk is minimum.
Stop loss(below Trend Line{TL}- a strong close of candle below TD) and the reward is 17000 mark.
Our key principles:-
> We will only enter a trade when we are 100 % confident.
> We will only enter those set-ups where risk is very low.
> We will wait patiently for the price to come under our radar, until then we will just wait and watch.
taking support and moving up at least 10%, we can see that from S1, S2, and S3.
The Risk is minimum.
Stop loss(below Trend Line{TL}- a strong close of candle below TD) and the reward is 17000 mark.
Our key principles:-
> We will only enter a trade when we are 100 % confident.
> We will only enter those set-ups where risk is very low.
> We will wait patiently for the price to come under our radar, until then we will just wait and watch.
Trade active:
As we predicted , nifty today made a high of 17225.75
If we study charts well there are high chances of being on profitable side.
If we study charts well there are high chances of being on profitable side.
Related Ideas
Being a trader/Investor what we need is patience and trusting the process
at all the cost.