InsiderB

Nifty : Attitude is Everything...

NSE:NIFTY   Nifty 50 Index
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 !
May 22
Comment: Inside channel broke towards south , If Nifty Futures 9400's not supported then 9350's
May 22
Comment: Lock in your zone, 9350's Next & if got time revisit the old head & shoulders post, Exactly as expected...

May 23
Comment: What Next ?? Here it is :
is it hourly chart?
Reply
InsiderB nalinakshi
@nalinakshi, It's 15 min chart..
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Great hrad work sir.
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InsiderB pradyjt28
@pradyjt28, Thank you
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Nifty's attitude in on Altitude.
+1 Reply
InsiderB AMBRISH
@AMBRISH, if its on raising altitude good for bulls, if its sliding not so good...
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AMBRISH InsiderB
@InsiderB, Lately Attitude has become shaky.
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InsiderB AMBRISH
@AMBRISH, Sorry, I don't understand boss...
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AMBRISH InsiderB
@InsiderB, you can trust Nifty movements, opens gap up and goes down later on.
Reply
InsiderB AMBRISH
@AMBRISH, You are always right Boss, exactly as you said it happened... A 10 point (approx) Gap up then down move...
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