SENSEX
yesterday index trading in a range made strong support on 74500 resistance is 75320 I am bullish on index with condition if index open near 75000 take a rejection on 75320 and make a higher low then break 75320 will upside this is high probability trade
2nd condition if index open near by 75300 take a rejection on 75320 and make a m pattern with lower high creation then break neckline will go short side target is 74500 sl is 75330
3rd condition if index open near 74500 /600 create lower high take support on 74500 level then break 74500 will go short side
NOTE : all trade discuss on 5min chart
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
2nd condition if index open near by 75300 take a rejection on 75320 and make a m pattern with lower high creation then break neckline will go short side target is 74500 sl is 75330
3rd condition if index open near 74500 /600 create lower high take support on 74500 level then break 74500 will go short side
NOTE : all trade discuss on 5min chart
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
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