Hi Traders,
In this post, zone 2is a big thought price used its lent and breadth perfectly that has already been mentioned in trade idea of nifty posted on community tab whose link is given below on Sunday. Point no.1 in two parts competed for the movement of the whole day. in first part told about the target of halt 1 . and in the second part wrote the range-bound movement. The same is seen in nifty. The trade idea was as follows:-
1. As Sgx suggests gap down opening, if it happens then halt 2 will provide support and price can be range-bound between zone 1 to halt 2. the same range-bound can happen if the price opens below halt 2 and recovers in the same candle or in the next candle.
Yogesh Vats
In this post, zone 2is a big thought price used its lent and breadth perfectly that has already been mentioned in trade idea of nifty posted on community tab whose link is given below on Sunday. Point no.1 in two parts competed for the movement of the whole day. in first part told about the target of halt 1 . and in the second part wrote the range-bound movement. The same is seen in nifty. The trade idea was as follows:-
1. As Sgx suggests gap down opening, if it happens then halt 2 will provide support and price can be range-bound between zone 1 to halt 2. the same range-bound can happen if the price opens below halt 2 and recovers in the same candle or in the next candle.
Yogesh Vats
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www.facebook.com/Trade-n-Grow-106510157783894/
twitter.com/yvatsji
www.youtube.com/channel/UC7BVSMV6b3Lyu1Sbf_9nA4g