Refer charts Nifty looks to be forming ABCD pattern
in addition on Friday, it has crossed 200 DMA , that will give some bullishness in the coming sessions
Trade setup - once the price sustains above point B on chart in a 30 min candle, can go long with point B on chart as SL
P.S - Take an entry only after initial noise of the market settles, usually in starting 1 hr, too early entry may take your SL in case of whipsaw
Happy Trading
in addition on Friday, it has crossed 200 DMA , that will give some bullishness in the coming sessions
Trade setup - once the price sustains above point B on chart in a 30 min candle, can go long with point B on chart as SL
P.S - Take an entry only after initial noise of the market settles, usually in starting 1 hr, too early entry may take your SL in case of whipsaw
Happy Trading
Trade active
inching towards targetTrade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.