IPA
HINDPETRO 1H TF SHORTA good shorting opportunity in Hindpetro, we will be looking for a structure change at 1 hour poi then plan entry based on that. Potential 1:13 RR trade.
NIFTY 50 INSTITUATIONAL PRICE ACTION Nifty has made imbalances on different areas where it needs to come back and mitigate. Currently what we can see is there is a Institutional Sell order which needs to be mitigated on the left and price would need a lot of liquidity before coming in to the 13800 level to shoot to the upside inline with the Institutional Buy level.
How ever there should be enough liquidity to push price down to those level, which institutions might do by going up to the 15200 - 15300 imbalance area, trapping retail traders to push liquidity down to 13800 and eventually pushing it back up to 15400.
Plan A would be a Sell towards the 13800 and Plan B the Buy form 13800 towards 15400.
FULL TARGET DONE AND DUSTED : GAVE 2 WEEKS BACKAXIS I HAD GIVEN IN TG AND HERE : 523 WAS MY FINAL TARGET
GREEN ZONE AND BOOM : GIVEN YESTERDAYI TOLD THE POWER OF IPA IS REAL, YESTERDAY GAVE THIS SETUP EVEN BEFORE A BULLISH CANDLE CAME
