Ankit_1618

Nifty Expiry Analysis [Feb, Volume Spread Analysis]

Short
Ankit_1618 Updated   
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
What is Happening?
In previous 3 days,
We have encountered these two Signs of Weakness in the market.
1. A No - demand situation, where price spread decreases with the decrease in volume
2. A Thrust based test of the level 15250


Strategy
Sell on low of next the red bar
which happens below 15240

and Target 15085

Alert
This post is for an educational purpose only,
I am a human and i may be wrong some times, so follow on your own risk analysis!
Trade active:
Sell Below
15200
and Target : 15085
Trade closed: target reached:
Target Achieved : 15085,
18 Feb 12:44 pm

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