Strategy :Channel Trades
Outlook : Bearish to Sidways
Nifty after the rally of last week, had a retracement upto 19650 levels.
On 24th, bulls could not keep up the momentum but still not strong bearish enough
Short : within the channels, and below 18650.Tgts: 19600 ,19560,19500
Long : 19700 . targets : 19780
Disclaimer : Ideas listed are My Trading analysis and Notes/journals. Not a RA
These are NOT recommendations for Buy /Sell.
Do your own analysis before jumping into any trade/Investment.
Learn and then Earn.!
Outlook : Bearish to Sidways
Nifty after the rally of last week, had a retracement upto 19650 levels.
On 24th, bulls could not keep up the momentum but still not strong bearish enough
Short : within the channels, and below 18650.Tgts: 19600 ,19560,19500
Long : 19700 . targets : 19780
Disclaimer : Ideas listed are My Trading analysis and Notes/journals. Not a RA
These are NOT recommendations for Buy /Sell.
Do your own analysis before jumping into any trade/Investment.
Learn and then Earn.!
Comment:
Wrong entry above. Should have waited until the blue channel break for longs.
Long :only above 18720
Long :only above 18720
Comment:
correction above: 19720
update: closed the positions
update: closed the positions
SL 19650