Short
nifty 50 greed lvl after 18400 breAKOUTgreed not extreme lvl
18000-18750-18800
now supported is changed 18280-18370 ,
higher will be testing or another breakout will be another chance for all time high.
nifty 50 upperside bullish engulfing candle after breakout 18400.
18550, 18600 resistance lvl.
goodluck
market volatality is low , trade for better entry, any side call and put option.( next week better for option trading).
Manappuram Fin - Short in 1hr TF if it breaks the support levels🔴DISCLAIMER
***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
Ideal Target and Stop Loss should be minimum 1:2 RRR (Risk reward ratio)
After reaching our targets, Book 50% Profits and trail your stop loss to get maximum profits from rest of the 50% in your trade.
Relience Short term Swing trade with rising wedge pattern...here is the chart which is explaining us the pattern named rising wedge and it already had given us a good breakout with some good volume and also retested it's trendline in lower time frames.so here we can go short if it gives us a move towards downside......
Selling opportunity in Niftylets see if we can secure this trade with at least 1:1 RR. SL of 50 points
Candle close above 17840 will change every thing Until then its a good risk reward.
I am posting this for Live testing purpose.
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
***If you like my analysis let me know by giving boost or a comment.
I will be updating
Bearish View On BANKNIFTY Hello Guys
BANKNIFY On Bearish View
If BANKNIFY Breaks 41611 Then Do Sell First Target 41580
Second Target 41550 Third Target 41518
If BANKNIFTY Breaks Today's Low @41563 Then It Will Fall Upto 41463
If BANKNIFTY closes Above 41705 Then Go Long
Please Trade With A Strict 🛑 Stop Loss
Hope The Best Happy Trading And Protect Your Capital
DISCLAIMER :-
Iam Not A SEBI Registered Analyst
If You Take Any Position Consultant Your Financial Advisor






















