If market opens as a FLAT and move to UP then BUY with the Support of PDH and SELL with the Rejection of PDH.
(or)
If market opens as a FLAT and move to DOWN then BUY with the Support of PDL and SELL with the Rejection of PDL.
Possibility 2:
If market opens as a GAP-UP and move to UP-Side then BUY with the Support of PDH and SELL with the Rejection of R1.
(or)
If market opens as a GAP-UP and move to DOWN-Side then BUY with the Support of PDH and SELL with the Rejection of PDH.
Possibility 3:
If market opens as a GAP-DOWN and move to UP then BUY with the Support of PDL and SELL with the Rejection of PDL.
(or)
If market opens as a GAP-DOWN and move to DOWN then BUY with the Support of S1 and SELL with the Rejection of PDL.
_______________________
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
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