Stop done at 11870 - Entry in Buy Taken at 11890-11900 zone.
Downside 11790-11800 is another important support zone so sell can continue if Index holds below 11790 else moving above 11800 it can be a recovery bounce
Sir how can I excel from basic to pro, any course?
WaveTalks
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@kasaundhan12 Educate yourself. refer books to start- Edwards and Magee and later read John Murphy Technical analysis books. John Murphy's Intermarket analysis book is also good book to have on your desk. Harmonics Volume 1&2 by Scott Carney
Gupta01
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ok sir TYSM.🙏
RishabhGandhi250218
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Markets have recovered a bit and breaching PRZ 11790..Should we hold or wait ..as sgx nifty is also positive compared to global indices.
WaveTalks
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@RishabhGandhi250218, Usually I don't answer questions if idea or Trade is closed. Coming up with new short video- "Nifty- Will it Collapse" with key levels mentioned. Hope that will help. Thanks the question
RishabhGandhi250218
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@AbhishekHSinghCMT, sure..will wait for it
Thanks
IfOnly
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Sir, which kind of trading has more success ratio?
Reversal trading or Breakout trading
Thanks!
WaveTalks
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@IfOnly, Both are good. Reversal -You expect & chances of guess component is higher as compared to breakouts which has less guessing but unfortunately there is no guarantee that you will have move as expected so before trading, one has to know where you could go wrong such as 11870-11880 was one such zone which was identified last week - Careful