Nifty 50 Index

NIFTY INTRADAY TRADING 15MIN CHART - BAHAVAN CAPITAL - 29.06.22

Yesterday NASDAQ had a good Fall and in the Morning SGX NIFTY also was trading in Red .
Considering both i had anticipated A Down Trend Movement after its Gap Down Opening But NIFTY kept moving up and surprisingly Bank Nifty was struggling to move and mostly in Range Bound.

Entered Nifty after it Broke 15750 and made a wrong entry anticipating reversal in the 10.45am candle.

However made an Re-Entry in the next candle to cover up after it once again above 15750 levels.

This is how the market works as we dont own any candle here to control any movement to favour us rather only need to have a high discipline on our profit and loss for the day.

DII holdings have reduced today and its only 847crores compared with 1205 crores on the previous day.

Iam anticipating a correction day for tomorrow.........Happy Trading

Disclaimer