The market turned bearish last expiry, hence I will be biased towards bearish trades rather than bullish trades. I will trade as per trade plan on chart, strict SL of no more than 30 points. If Nifty does not behave as per my trade plan, I will simply avoid this week as well. Thank you!
I will trade as per plan given on chart, strict SL of no more than 30 points. If Nifty does not behave / take support / break levels as per my plan, I will avoid taking trade. Thank you!
I will trade as per plan given on chart. The RR of bearish trade is much better than upside trade, since there is psychological barrier at 20k level, which if broken can give good upside momentum. Please do not be biased and only take trade on confirmation and quickly take SL instead of waiting / hoping. For Long: Entry 19889, SL 19838, Target 19992 (Based on 1:2...
I will trade as per trade plan on chart. For Long: Entry as per trade plan, SL 19480, target 19612. For Short: Entry as per trade plan, SL 19415, Target 19235. I will avoid trading if Nifty does not fit my trade plan. Thank you!
I have been travelling a bit and could not trade, just watched the moves sometimes. Nifty is in uptrend and the uptrend is still intact though it made a small downtrend channel. I will take trade as per plan on chart. If Nifty behaves otherwise, I will simply avoid. Strict SL of no more than 15-20 points. Thank you!
The trade details are clearly shown on the chart, I will try to keep the SL as low as possible and exit if nifty gives SL or does not move as per my analysis. Please always wait for a complete candle formation and subsequent candle to break high or low. No need to jump when the candle is forming, a green candle can turn red and vice versa. So, always wait for the...
I will not be trading this week due to travelling. Hence, I will post analysis by Sunday for next expiry. Please always follow price action, take risk where SL is less and target is huge. If there is SL, EXIT because the SL is less and you won't regret it. And sometimes take break from your work to enjoy life in peace or with your family & loved ones. Thank you!
Nifty hit SL last week and is again trading in the same no-trading zone. I will let Nifty form 1 hour candle below or above the zone to get a clear direction and then will go for the target given on chart. I will not take any trade this week if Nifty behaves otherwise. Thank you!
Nifty is in an uptrend retracement channel. The breakdown of trendline can bring nifty much lower in a very short span of time but if it sustains and breaches resistance, we may see a new ATH very soon. I will trade with strict stop loss as the move will be unforgiving for wrong trades on both directions. Trade plan is on the chart, if Nifty does not move as per...
Last trade did not achieve the target neither hit SL and I had to manually close the trade after carrying it for 2 expiries. Nifty is now close to the last target and a bearish trade will have a better risk reward ratio. Hence, I will go short with strict SL as per trade plan on chart. Thank you!
Referring to previous downtrend channel, Nifty gave decisive bullish breakout. Hence, I will go long on retracement for the target shown on chart. I may carry the same trade for next week if there is no SL or target this week. Thank you!
Following same previous downtrend channel, Nifty managed to close above channel midpoint. I will go long on retracement and carry the same long position for next week if Nifty does not break support / if target is not achieved. Again, I will take no more than 20-30 point SL and will avoid taking trade if Nifty behaves otherwise. Thank you!
Nifty is still in the same downtrend and is near channel bottom. Risk reward for bearish trade does not seem good, so I will wait for bottom and go long. Since this week has only 3 days, I may carry the same long trade for next expiry unless SL is hit. Again, I will take trade as near as the support area and take no more than 20 - 25 points SL. Thank you!
Nifty broke the downtrend channel on the downside but managed to close inside the downtrend channel again, travelling in a smaller retracement channel. But it did not show strength to take a long trade next week. So, I will be shorting as per the plan shown on the chart and if Nifty does not behave as per my analysis, I will either not take any trade or take a SL...
Nifty is still in the same bearish channel, last week Nifty did not work as per my analysis so I cancelled the trade. Nifty is again giving opportunity to go short. I will short on a bounce near mid channel and keep strict SL of no more than 20-30 points above it. The target can be channel bottom, hence I may carry the same trade till next to next expiry, if SL is not hit.
I have been on leave, so no trade last week. We can clearly see Nifty in downtrend and it is yet to touch channel bottom. If there is flat opening or gap up, we can easily have 1:2 or better RR short trade next week. If there is gap down, I will wait for retracement. If Nifty breaches resistance level, I will take SL. I will not take any bullish trade next week...
Last week trade hit SL and Nifty gave breakout. I will wait for retest and go long for the next week. Target can be big but for this week, I will book at 18200. I will not go short unless Nifty 1 day candle closes below the breakout trendline. Thank you!
Nifty is still in the same downtrend channel and it is near top of the channel. Hence. for me the best trade will be to short when Nifty touches the channel top. If nifty falls below the support trendline, I will again short for same target. If nifty behaves some other way, I will simply avoid taking trade. And no matter what, no more than 20 points SL. Thank you!