Trade-Technique

Trade picture for tomorrow NIFTY, Sold@11797

Trade-Technique Updated   
NSE:NIFTY   Nifty 50 Index
Nifty closed at S. 11624 which give it move.
short trader should keep stop-loss 11679 above as trial.

Intraday R. 11659 nearby (seller can come to this point intraday) with intraday support @ 11575 nearby

Nifty ATR is at 111 which means if short term downtrend started, then 11635 -111 = 11524 below.
Double Top is not clear still.

  • RBI monetary policy on April 4.
  • The selling in the last hour.
  • Forming 'Bearish Engulfing' pattern on daily chart.
  • The short term trend of Nifty is weak.
Trade active:
Nifty future support 11704-11711 and if break it, then, targets 11672
Resistance is at 11776
Trade active:
I just you to buy NF 11704 with stoploss of 11680 for tagets 11758-11769 if cross 11778, then new high
Trade active:
Click on the "LOAD A NEW BAR". Check the what happened?
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