Short below PDL, SL= 94.1 This is a scalp trade, keep small target.
Happy Monday Guys ! We are waiting for the long positions in Nifty once its in our zone & on confirmation looking for long. If we get struck in zone for the day or if there is no clear confirmation, don't get into trades. For positional traders the trend didn't emerge clearly, to be more precise intra trades making more points than positional for past 1 month,...
VEDL has seen a good day or two of range bound trading. I f VEDL crosses above 229.65 with volume tomorrow il buy for a scalp trade with targets of 231-231.50 and a stop of 228.30. i will trail my stops as and when these levels are reached till RSI turns downwards!
BEL has been a very broad range and going nowwhere but yesterdays close had a bit of volume in it. Tomorrow if BEL crosses 182.80-182.90 levels with good volume and RSI crossing to above 70 levels im going to buy it for targets of 183.95-184.40. Stops will be at the breakout candle low. If the trade risk reward ratio is uncomfortable its better not to trade it or...
Hi Friends, I gave enough descriptions for the Nifty in chart itself, if any doubts, leave a comment below I will get back to you ! Now I wanna address something important... This post gonna generate lot of heat, I guess. If it doesn't, I believe we are matured enough to accept criticism / feedback and constanly trying to improve. Below are few points which I had...