simpletradewithpatience

simpletradewithpatience

To go short on BANKNIFTY 1. There should be an initial fall of around 200 points 2. Let previous day low get breached 3. Sell below previous day low 4 Risk would be around 130 points 5. Profit to be around 260 points 01.09.2021 volume 41 lakhs(bullish) 02.09.2021 volume 25.6 lakhs(bullish) 03.09.2021 volume 34.98 lakhs(bearish)

simpletradewithpatience

The whole trade setup is displayed in the chart view. Relate this idea to a 5 minute time frame chart and you will get the Idea. Mcdowell-N is forming a bullish trend on the daily time frame chart. However it is also important that you take a look at the movement on a 5 minute time frame chart for trading purpose.

simpletradewithpatience

The stock has closed above its previous day close after sustaining selling pressure and has tried to reach back to the high of the day. Have chosen DABUR as the stock is moving in the right direction and has created a new high on 02.09.21 and one could again see the levels of 644 being taken out as it provided some resistance in the last 2 sessions. If the level...