1. Downward Channel breakout is already given.
2. After a strong breakout, consolidation is happening.
3. A strong close in a 30 min candle above 22300, can trigger Short covering Rally
4. Tgt1 is 22555 and Tgt2 is 22706
Disclaimer: This post is for your educational purpose. Learn and Earn is our motto.
2. After a strong breakout, consolidation is happening.
3. A strong close in a 30 min candle above 22300, can trigger Short covering Rally
4. Tgt1 is 22555 and Tgt2 is 22706
Disclaimer: This post is for your educational purpose. Learn and Earn is our motto.
Trade active:
As predicted earlier, strong short covering rally took the NIFTY to 22400+
we are patiently waiting for the above mentioned targets
we are patiently waiting for the above mentioned targets
Comment:
Target no.1 is achieved.
Trade closed: target reached:
Nifty has reached our tgt2 and made an high of 22993.
Almost 750+ points from this post.
We have closed our CE positions and waiting for reversal signal which is expected to come soon.
East or West, SWING TRADNG is the best :) :) :)
Almost 750+ points from this post.
We have closed our CE positions and waiting for reversal signal which is expected to come soon.
East or West, SWING TRADNG is the best :) :) :)