Long

16 Apr - Nifty Virw and trading plan.

Updated

Hi All,

Today the first critical time is 09:20, after which if market is going up we can go long with a tight stop-loss. If its going down we will wait for another critical time in the second half. Stay tuned.

Note

Going long....

Note

12:20 is the next critical time, lets check market action there.

Note

Continue to hold long position patiently #Nifty #BankNifty

Note

Stoploss is in #Nifty Spot terms : 10430 NS.

Note

So the move is sluggish and 12:20 is approaching. There we will exit this long position and go short.

Note

Exited and have gone short , stop-loss 20 points above day's high in Nifty.

Note

Exited and have gone short , stop-loss 20 points above day's high in Nifty.

Note

The first trade in the morning was long and it ended in a profit, The second one was exited in a small loss. And now again we are long. And nifty is about to go above Friday's high!

Note

Carry forward the long position. Nifty is now above Friday's high. Nifty will continue to go up at least till 20th first and then even on 24th

Note

This is a rally which most TAs missed even today! Had called on Friday itself we would go up till 24th, and see whats happening!

pankajvw

Also on:

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.