Was bullish on ACC stock in morning so I waited for day's high to break and also made my followers aware of this position. My targets were 1245 where I booked 50% and then trailed. 1245 is also the resistance for intraday.
ACC made high of 1257, I booked whole amount at 1249 after it made a indecision candle.
An axiomatic charts for learning purpose.
Nifty has immediate support & resistance at 8500 & 9000. Major resistance and support is at 8000 and 9500 as per OI data.
EMA 5C shows the immediate trend which I use to enter to trade.
Fibonacci retracement shows the support & resistance at 1D chart.
Global Markets have ended in red hence, expecting gap down...