Nifty Trade Plan for 17-05-2023
-If nifty opens in the marked range then wait unless price test the marked levels
-Trading at random place will only damage capital
-if open gap down, then wait for green line reaction on the price, if price sustain below it then look for sell on rise
or
If price recovers and sustain above it then buy on dip
- If gap up then red zone is the resistance area, price can face
-If price sustain above resistance area then look for buy on dip upto previous day's high as first target
-Trading at random place will only damage capital
-if open gap down, then wait for green line reaction on the price, if price sustain below it then look for sell on rise
or
If price recovers and sustain above it then buy on dip
- If gap up then red zone is the resistance area, price can face
-If price sustain above resistance area then look for buy on dip upto previous day's high as first target
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