Hi all - Swing trade opportunity for Nifty 50 in 1h timeframe.
Key Highlights:
1. Long enter after breakout of 19494 on good volume and break the resistance from the gap. It will also trigger shorts unwinding.
2. Bouncing off long term support
3. Good risk to reward but maintain strict stop loss as markets are volatile
Key Highlights:
1. Long enter after breakout of 19494 on good volume and break the resistance from the gap. It will also trigger shorts unwinding.
2. Bouncing off long term support
3. Good risk to reward but maintain strict stop loss as markets are volatile
Trade active
Trade closed manually:
Closing manually on macro factors