In one day time frame we can see a w pattern is forming and trading.
My view on Gold is trading at a fare value my view is to buy some quantity.
After breaking the neckline of w enter as your risk.
With a small stoploss.
Buying zone Target and stop loss everything is mentioned in chart.
It will take around 1 to 2 months to reach Target 🎯
Fin Nifty Calculation for Monday 12/06/2023
IntraDay
1)
If Flat Open - we will for wait market to settle down if it breaks friday low
go short till 19300.
Flat Open - we will wait for market to settle down if it breaks 19450 we will go long
till 19600
2)
If open Gap Down around 19300 wait to form a bullish candle in 15 min candle.
After breaking the candle...