4974 for swing trade for 1 day (risk short)
1.profit booking zone as double top plus channel upper trend line resistance.
2. RSI negative divergences in progress
3. channel resistance
4. possible of todays high is week high as it may form wick for this week
5. Any gap up on friday can leads to gap closing for profit booking zone
profit booking zone 17250 to 17350 for next 2 days.
SL compulsory
broken wing butterfly for one day towards negative bias may be good strategy.
SL compulsory
Qty: not more than 1% of total protofolio
2. RSI negative divergences in progress
3. channel resistance
4. possible of todays high is week high as it may form wick for this week
5. Any gap up on friday can leads to gap closing for profit booking zone
profit booking zone 17250 to 17350 for next 2 days.
SL compulsory
broken wing butterfly for one day towards negative bias may be good strategy.
SL compulsory
Qty: not more than 1% of total protofolio
Note
6. Vix increase and price going up and price may not be sustainable at higher level.Trade closed: target reached
broken wing butterfly (16sep21 expiry) gave 700/- per lot profit due to vix fall. done for intraday
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.