nkspro

nkspro Updated 

My last trade hit SL twice. And I did not take any further trade. Taking a break in such cases is a great idea. Now, I will take trade as per chart plan. Will take SL on one hourly candle close. Else I will go for the targets shown in the plan. And again to remind, I won't take any trade if Nifty does not behave as per my analysis. Thank you!

nkspro Updated 

Last trade was successful. I have given my trade plan on the chart for next week. I will take SL when there are 2-3 hourly candles closing below the entry line. And I will book at the given target on the upside. Thank you! ------------------------------------------------------- INSIGHTS: ------------------------------------------------------- As...

nkspro Updated 

I did not trade last week as I could not find a good setup. Now, I will trade as per the setup given on chart. Just to remind that I won't trade unless Nifty behaves as per my setup. ------------------------------------------------------- INSIGHTS: ------------------------------------------------------- As usual, I will keep sharing my insights which are...

nkspro Updated 

Nifty has finally given channel breakout. I will trade as per chart plan. Nifty long target 24200. If Nifty again falls inside channel, I will go short till channel mid. Again as a reminder, I won't take any trade if Nifty does not work as per my analysis. Thank...

nkspro Updated 

Nifty is back in the channel. I see no point in going short now, unless it again falls outside the channel. Hence, I will wait for some retracement and go long till the middle of channel. I will not take trade if Nifty does not work as per my analysis. Thank...

nkspro Updated 

Nifty is travelling in a bullish channel. Currently, there is no good RR in both bullish or bearish trade. Hence, I will wait for retest of either channel support or channel mid to enter a bullish or bearish trade (as shown in chart). No hurry to enter. If Nifty does not give opportunity this week, I will wait and continue the same setup next week. Thank...

nkspro Updated 

This week target was achieved in a single day. Hence no more trades for this week. Let us keep it simple & play as per the chart. I will remain long as long as the support shown on the chart is not broken. 1st target 22800 (as per swing) and 2nd target 23000 (as per channel). I will think of shorting only if there is breakdown below the given support. Else...

nkspro Updated 

Sharing after a break! Will try to be regular with my views (I trade only when I am free!) Nifty is taking good support from the channel bottom. I will go long for the target shown on the chart. Will exit only if any 1 hour candle closes below the bullish trendline. Thank...

nkspro Updated 

Continuing with the same setup as I had shared in my earlier long thread, I have no intention to go long as of now. I will short Nifty near 22700 (earlier it was 22600 but prolonged breakout shifted the upside target to 22700). Stop loss will be any hourly candle close above the channel top. First target will be middle of channel and second target bottom of...

nkspro Updated 

I have been busy and could not trade for last few days. Hence, could not share my views. Nifty has given good rally and is seen travelling in an uptrend channel. A correction seems due which will also be a retesting of the trendline breakout since Oct 2021. There is no good risk reward in long trade, hence I will short the market near 21500 with a stop loss of...

nkspro Updated 

The target of last trade was achieved super fast (don't feel excited if that happens, always be prepared for target getting delayed). I have shared my trade plan on the chart for the next week. Nifty may try to break the resistance and move towards ATH or Nifty may take rest and retest the support. Need for strict SL here since the market won't give chance if we...

nkspro Updated 

There is a beautiful reverse Head and Shoulder forming on the chart. The second shoulder is yet to form and this might turn a good positional trade with very low SL. I just spotted it and thought that I might share this in addition to the weekly trade plan that I share every Sunday. Keeping strict SL (any 2 Hour candle closing above resistance would be SL) and...

nkspro Updated 

Sharing my trading plan for this as well as next expiry too if the targets are not achieved (this expiry is just 2 days away). I again remind that I will only take trade when Nifty behaves as per my plan else I will not take any trade. Thank...

nkspro Updated 

Trade plan is given on chart. No trading even if there is trendline breakout unless it breaks out the resistance level for atleast 15 - 30 min. I will again remind that I would not take any trade unless Nifty follows my trade plan. Thank...

nkspro

I did not trade this week nor I shared any setup due to festival and time spent with my family. Looking at chart now seems like downside target for whole week has been achieved in a single day, hence no more trades unless there is bullish reversal or further breakdown. I will share my setup by this Sunday. Till then, shop for fundamentally sound stocks available...

nkspro Updated 

Last bearish trade hit SL despite travelling halfway in the direction. The next week trade plan is given on chart. Any hourly closing above the trendline or the breakdown level will be my SL. Like always, I will avoid taking any trade if Nifty does not work as per my analysis. Thank...

nkspro Updated 

Last trade hit target, although it took 2 expiries to achieve it and a long side TSL was hit but it was a nice capture of approx. 350 points. Next week trade plan is shown on chart. Since the market has turned negative, therefore I will not take any bullish trade for next week, no matter how much market moves up. Any hourly candle closing above the breakdown...

nkspro Updated 

Last trade was cancelled as Nifty gave breakout and sustained above channel, hence the analysis was invalidated. There can be good RR trades by this expiry or next expiry. I will trade as per my analysis on chart, SL is a bit high as RR is good enough. Thank...