Nifty most likely to open gap up tomorrow.
If it does do not go long at resistance, wait for dip to breath and then trade the breakout, or trade at reversal of the dip.
Most likely that will be the low of the day.
Buy on dip will have better RR trade set up then trading short side on break of today's low.
If it does do not go long at resistance, wait for dip to breath and then trade the breakout, or trade at reversal of the dip.
Most likely that will be the low of the day.
Buy on dip will have better RR trade set up then trading short side on break of today's low.
Trade closed: target reached:
Banknifty worked well with opening as gap up, and then a good dip and close above day's high also at ATH
Perfect analysis
Perfect analysis