I am looking for a long from hear stop loss below day opening
more fakeouts in a row and market making higher high formation so we can plane long from last high with lower low as SL
Buy MCX Gold at 14,944.43 SL at 14,844.89 and hold it till 15,293.51 Risk to reward: 1:3.5, From 15,293 it will drop till 14,750.17
Nifty is going to get creampied... Note the date.
Zones are thin which is a good thing, but then Uzone and Lzone are very close. Tomorrow's Nifty trading on zones is recommended only for skilled ones.... rest go for Banknifty zones instead. Dont be a Bull, Dont be a Bear... Just try to be a Hare.
SHORT SELL BEARISH HARAMI PATTERN TRENDLINE RESISTANCE (1hr+4hr) Confirmation TARGET 1620 STOPLOSS 1740 (closing basis)
Nifty would go higher from current levels with first targets around 8775 and second targets around 8900.
Usually I won't post trades with Entry,stops & targets but here posted it bcos its risky and counter trade, so everyone should know how I take on risky setups and my rewards ! Actually I want you to realize my risk rather than concentrating on my rewards and why I enter trade in the marked zone. Nifty may trigger my entry and raise straightup to stops or won't...