Watching nifty after a long time and boom it is floating above 18k.
You can trade between the supply and demand.
Overall seems bullish, jump to 1M or seconds chart and play the reaction once it hits the given demand zone to target the supply and above, going short from supply can be risky, but you can still play the reaction from that as well.
I know it becomes difficult to trade when the scrip is playing at a new high. It's hard to determine the good levels to trade on with no support at left side. But here I come as a saviour, lol.
These levels are Gann levels and calculated without looking at the left side. Everything is calculated manually using a calculator. (No, I am not revealing any formula...
NU looks bearish, with that cable, which I shared in my last idea will also go below our POI, but cable can give opportunity to scalp on the long side as well.
I always try to trade on both the sides, I don't care whether it is a pullback or continuation. Just that pullback is a bit tough., but gives similar R:R.
Here is the cable chart what and how I am...
My ideas are sometimes hidden because I don't describe much.
But the reality is that I don't trade patterns, I trade price. You will hardly see patterns/trend lines on my chart. If you find the patterns like HNS, cup and handle, wedge or whatever, it is because I just see it, but it has no relevance to the trades I take.
You might see some patterns I use on NSE...