Nifty as per oi point of view- Support =10177 buy above 10342 target should b around retest of previous high = 10498 even price structure supports the same ... Pcr =1.05 suggest neutral view ..... Breath of the market = neutral to bullish... My setup ....buy in dips in confluence with structure support and other due parameters ... ...
BROADER STRUCTURE I TRIED TO SHOW... PLZ TRADE ACCORDING TO YOUR RRR ... AND RISK MANAGEMENT SYSTEM...I MEAN ENTRY AND SL.. BCZ ITS DEPENDS UPON YOUR SYSTEM REGARDS, INTONIVESH TEAM
LOOK FOR BUY OPPORTUNITIES...ACCORDING TO YOUR SYSTEM AND RRR
PRICE IS THE REAL MASTER...
BUY FOR THE TARGET OF 190 AND TARGET 2 - 210...SL 148.....PROBABILITY IS 70% BUY ABOVE 169.8
Here two possible trade setup under process setup 1- bullish gartley (buy setup) setup 2- bearish butterfly (sell setup)
Once break 658 enter your buy positions with the help of 1 hour time frame ... target looks likely to be 700 or more... SL according to your system RRR