NIFTY Trade plan for 12-06-2023
As mentioned in last analysis from ATH we could see some serious profit booking without any pull back
However CMP (current market price trading at support and a gap up can be seen on Monday, if so then we can plan for a pull back from the same support price can bounce
If price open gaps down then support will turn into resistance and with small risk 1:4+ RR trade can be executed and target can be your next support.
However CMP (current market price trading at support and a gap up can be seen on Monday, if so then we can plan for a pull back from the same support price can bounce
If price open gaps down then support will turn into resistance and with small risk 1:4+ RR trade can be executed and target can be your next support.
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.