Nifty has formed a range bound movement at higher levels which is indicating more trades in the buy as the market is bullish.
1. nifty tried to break the range but failed on either side so there are lot of orders waiting below the range and above the range tobe executed.
2. sell nifty only when trades below 18577 Sl top of range with target of 18375
3. buy only when trades above 18666.sl bottom of range target is only the size of range.
1. nifty tried to break the range but failed on either side so there are lot of orders waiting below the range and above the range tobe executed.
2. sell nifty only when trades below 18577 Sl top of range with target of 18375
3. buy only when trades above 18666.sl bottom of range target is only the size of range.
Comment:
another consolidation at 18575-18540
Comment:
book profit
Trade closed manually