Nifty Spot Actionable Idea
#Current Price- 19811
#Resistance- 19844
#Support- 19799
#Target 19887 And 19924 we can expect after a break of Resistance
#Target 19752 And 19710 we can expect after a break of Support
#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
NOTE- Only for Education Purpose.
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#Current Price- 19811
#Resistance- 19844
#Support- 19799
#Target 19887 And 19924 we can expect after a break of Resistance
#Target 19752 And 19710 we can expect after a break of Support
#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
NOTE- Only for Education Purpose.
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Comment:
NO TRADE TAKEN SO FAR, SUPPORT BREAK BY MORNING'S FIRST CANDLE AND I UPDATED MANY TIMES THAT I ALWAYS AVOID TAKE A TRADE ON FIRST CANDLE SO NOW WAITING FOR A FRESH BREAK OF SUPPORT OR RESISTANCE
Comment:
BEARISH AFTER SUPPORT WHICH GOT AFTER UPDATE ABOVE, TRADING NEAR TARGET ONE. REVISE STOP LOSS ON COST PRICE FOR THIS SHORT ENTRY
Trade closed: target reached:
REACHED VERY CLOSED TO TARGET TWO AFTER SUPPORT BREAK SO NOW CLOSING THIS IDEA HERE JUST BEFORE TARGET, CAN BOUNCE AND MIGHT I CAN LOOSE SOME GAINS, TARGET TWO WAS 19710 REACHED 19717