Nifty : Attitude is Everything...
Updated
The title can be very easily misunderstood, Right Attitude & Mindset towards trading helps you in finding the right opportunities and to trade better. Many think attitude is bad, Nope not at all... You should be strong & stern towards what you believe in your strategy & Should stand for that, That's the Attitude.
So, what do we have in Nifty ? The larger trendlines ( not a channel, I guess ) has another channel formation within in, so the breakout of smaller channel will give us trading opportunities to move on either side.Though, its breakout from the channel happens I'm not expecting any big moves, will be less than 60-70 points I hope, if in case it breaks to upside Nifty Potential for the day capped at 9500's unless Gap Up happens with good momentum. So watch out for the channel break and trade as per your setup in Nifty.
That's it we have planned for Nifty today, so that's how you should approach charts. You should have the Mindset & Right Attitude in trading, if this happens I will look for this setup, if that didn't happen, No Trades. Attitude always helps in Trading , usually people misunderstand that :)
Happy Trading !
So, what do we have in Nifty ? The larger trendlines ( not a channel, I guess ) has another channel formation within in, so the breakout of smaller channel will give us trading opportunities to move on either side.Though, its breakout from the channel happens I'm not expecting any big moves, will be less than 60-70 points I hope, if in case it breaks to upside Nifty Potential for the day capped at 9500's unless Gap Up happens with good momentum. So watch out for the channel break and trade as per your setup in Nifty.
That's it we have planned for Nifty today, so that's how you should approach charts. You should have the Mindset & Right Attitude in trading, if this happens I will look for this setup, if that didn't happen, No Trades. Attitude always helps in Trading , usually people misunderstand that :)
Happy Trading !
Note
Inside channel broke towards south , If Nifty Futures 9400's not supported then 9350'sNote
Lock in your zone, 9350's Next & if got time revisit the old head & shoulders post, Exactly as expected...
Note
What Next ?? Here it is :
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