thewiz03

NIFTY - A POST MARKET ANALYSIS:

NSE:NIFTY   Nifty 50 Index
usually there is a very common strategy in the market. Mark the first 15 minute candle and then whichever way the market breaks take the position accordingly. so the high and low are marked as resistance and support and these are high liquidity zones. after the long breakout, i went into the 1 minute time frame. the market took a turn from a resistance zone, hit the stop losses of buyers, made a sharp fall. and then i waited for an entry near a 1 minute flip zone. waited for the price to comes to my zone with some inducement and then there was a sharp fall.
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