profitadda

Daily Analysis Nifty & Bank Nifty

Short
profitadda Updated   
NSE:NIFTY   Nifty 50 Index
As a follow up discussion with our view presented yesterday in NIFTY and Bank Nifty we are discussing the Alternate possibility along with sticking with present view and trade plan.

WISH YOU A HAPPY TRADING

Disclaimer:
We are not SEBI registered advisory and views presented are personal views and if you want to trade based on these views please consult with your SEBI registered Advisory.
Please access risk involved in each take and take your decision considering your risk appetite.
Comment:
So far so good moving as expected.
If anyone have taken long trade on NIFTY please place days low as Stop loss
Trade active:
Bank NIfty sell trade got executed
Trade active:
Book 50% profit in BANK NIFTY those who didn't book Intraday yesterday
And NOW make your trade completely RISK FREE along with partial profit booked.

Modifying stop loss to entry level .
Comment:
Cold blooded TRADE
# No tension of following and watching market action minutely.
# Predefined levels of Entry and exit
# Excellent Success ratio
# Decent RR
# Pre defined Plan of action even before action in market
# Work for SELF not for broker's income.
🙏🏼

Disclaimer :
we are not a SEBI registered advisory, all views mentioned are my personal views not intended for trading. if you wish to trade on these views please consult with your SEBI registered Financial advisor.

Market is full of RISK please Access your RISK and take trades accordingly.
Trade closed: stop reached:
I was on Holiday for a week so could not post my Changes on Tradingview.com, However we have mentioned about the stop loss and as per that our modified stop loss got filled for a sell Position initiated as per above. However we didn't
loose anything as we already have booked partial profit and moved our stop loss for balance at the Entry level.

Now we will be again looking for selling opportunity in NIFTY.
Will try to post a video for the same soon.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.