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abhijitgujarathi15
Aug 10, 2019 3:59 PM

Nifty setup for tuesday!!! Long

Nifty 50 IndexNSE

Description

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.

Trade active

bounced back from 11141.40
Big gains till now.

Trade closed: stop reached

Trailing stop hit!!!
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