NSE:NIFTY
As we can see in the chart at 45 minutes time frame, Market took support at 15864 and gone up by almost 100 points and in the process forming a W pattern.
If the market Opens flat and starts going up based on the candlestick pattern and breaches 16070 we can take at the money CE for a target of 16,150.
If because of any news the market starts going...
I know I'm posting this trade after I completed it but please don't mind as it's my first post. I would be posting more such analysis beforehand frequently. I would also love to have like-minded interested people tag along on Clubhouse & discuss.
Analysis -
1. Triangle pattern breakout on Daily TF
2. No major Supply Zone (SZ) on higher (Weekly) TF
3. Breakout...