Do a Short IRON BUTTERFLY, one of the safest strategy since market is in Sideways zone & if it will be sideways till expiry then all credit will be in our pocket. Early morning on expiry day can exit the spread.
Nifty has taken out the Previous All time high and made a new High, as per my new analysis Nifty will reach 19900 in the coming days. Nifty gave a breakaway gap at major Resistance.. Trade with Bull Call Spread as its 5th Wave in Daily. I have already marked SL for Nifty. SL is nothing but your Weapon which can be used to Jump into the Trade. "Darneka Nahi" if...
Monthly View: BHEL is a Ghoda Stock, on Monthly TF there is hammer & low of the candle is very IMP. No doubt the Stock is in retracement. Weekly View: If we draw the Support TL, as of now it hold the support strongly. If this support breaks down stock may fall at 224 which is again low of the Major Event (Election) candle Low. Daily View: after understanding...
Nifty Made a Double bottom at @16835 and also crossed the neckline @ 17797 Nifty's next target would be probably 18830 or it may make a new all-time high.