The_RedTicker

Intraday Risk-to-Reward Play in NIFTY for 21NOV,19

The_RedTicker Updated   
NSE:NIFTY   Nifty 50 Index
Hello everyone. Anyone who's following Zones and have any doubts, kindly mention them in the comments below. Will try to solve as much as possible.

Check historical ideas on my profile for examples
Comment:
no trade so far
Comment:
gave rejection at Lzone
Comment:
but i dont think it should fall, be cautious, looking for long setups
Trade active:
nifty look more favourable than bank nifty to me
BUY in the zone with sl below the zone
Comment:
Lower level of channel coinciding with zone, is a very good thing.

Comment:
Note: BUY only in the zone, Dont ruin the R/R by buying higher. If missed, let it go
Comment:
Now that's the beauty of Zones. If there is a reversal expected, maximum times it will happen in the zone region.

Trade closed: stop reached:
Under worse case scenario, had anyone entered in zone the zone. Your sl was not more than 5/6 points. Good thing we opted nifty instead of Banknifty. otherwise sl would have been more.
Comment:
No more trades, kindly ignore the Zones now.

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