Time to learn #1:
I have found 15 new patterns on the charts. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favorite chart patterns.
I will post the remaining patterns one by one on the 1st Sunday of every month. For your reference, you can check out my previous studies as well. Please...
Below is my view for NIFTY for coming week
1. April 14 : Trading Holiday
2. April 13 : Lock down extension news
3. There could be some news on stimulus package, but I think it is not going to be enough to create sudden jump on the upside.
4. But with current momentum NIFTY could well go up first 9400 - 9600.
5. Hence intraday positions should be on the long...
Trading trapped shorts
1. After decent uptrend, the first lower low is not actually shorting opportunity.
2. Second short could have been avoided if waiting for trend line break is confirmed on shorter time frames.