Last hope for bulls .If this support is held, one can see recovery otherwise. Then we are going to be in a big fall.
This is the idea for the week ending 28th. We will get alerts and we will go long will update. Since day t/f support is between 1820-1830 and if it is held and we get a buy signal we will go long.
We get triggers for many stocks and we trade what we like . A demo is given for Swaraj engines
An education video on how to approach Trading on Nifty Index
Long on both will get out Monday morning. 1. Enter a high probability trade set up 2. Cover the risk 3. Indifferent to the result.
Now the action shifts to day t/f . 12055 is a good support as per my system. Will trade a bounce form here.
Nifty has turned down on 15 mts with 12268 as resistance
Nifty has given a sell signal. Short with sl 12283
Prob 1: Nifty Gaps down and test green line at 12159 or 12147 .If supported , bounces back. If support lost, make a new low. Prob 2: Continue the uptrend and get resisted at either Green line 12268 and Red line 12282 and then fall. ( Resisted) Prob 3: Continue the uptrend and go past these above 2 lines and make a new high.( Resistance fails). Please remember...