This is my setup for Tuesday's session for Nifty.
Concentrate on the blue box inside the large box and nowhere else.
As we can see, I have marked PDH, PSH & PDL.
PDH = previous day high.
PSH = Previous swing high.
PDF = previous day low.
Small blue box: Selling zone.
Since nifty has given a close above CPR on Thursday and Friday.
The Tuesday setup is as follows.
11080 ish is the previous swing high zone,
if at all at the start we get a dip till these levels one can go long in Index or CE with a Stop of around 11045ish zone.
Keep stop according to your risk-reward ratio.
Any opinions please comment for your setups.
Thank You.
Concentrate on the blue box inside the large box and nowhere else.
As we can see, I have marked PDH, PSH & PDL.
PDH = previous day high.
PSH = Previous swing high.
PDF = previous day low.
Small blue box: Selling zone.
Since nifty has given a close above CPR on Thursday and Friday.
The Tuesday setup is as follows.
11080 ish is the previous swing high zone,
if at all at the start we get a dip till these levels one can go long in Index or CE with a Stop of around 11045ish zone.
Keep stop according to your risk-reward ratio.
Any opinions please comment for your setups.
Thank You.
Trade active:
bounced back from 11141.40
Big gains till now.
Big gains till now.
Trade closed: stop reached:
Trailing stop hit!!!