Nifty Morning Trade setup I have

Jul 12, 2019

Nifty Morning Trade setup I have

Jul 12, 2019

Note

Friends, you can see the setup for which i was waiting

A Symmetrical triangle.

What is a symmetrical triangle and how to take benefit from it ?

It can go breakout or breakdown. And we are supposed to see it's direction and can put pending orders based on it.

Jul 12, 2019

Note

There is a trend line red color out from the triangle.


Till the price is above it, we are safe and go long till our target.
If it comes below it, careful and cautious.

Jul 12, 2019

Note

Trail stoploss to 11634

Jul 12, 2019

Trade closed: target reached

Target reached.

entry from 596 till 634.

38 Points profit.

Good friends

Jul 12, 2019

Trade closed: target reached

We reached the target, before 2 points to target we closed.