Rozpocznij
Indeks Nifty 50

trap or trend

Od Ruchiamit
Zaktualizowano
Look at the chart pattern formation . it is not indicating any trend.
Uwaga
1. Nifty tried to break the levels of 17100 several times and failed past one month

2.This time again it is lying near the support level and may break the level and touch the low of 16825.
3. if we consider the following pionts:
Trend : day basis ---- bullish , hourly -- neutral, 5 min---- bearish .

4.Overall trend is bullish but the intermediate trend is bearish and as per the
trader equation is is always preferable to trade in direction of intermediate
trend. hence the trade to be followed in the bear side till a strong breakout is
seen on the positive/ bullish side.
5.if reversal is seen at the levels of 17100 target of target of 17900 can be seen.
17300 CE may be consider
6. Breakout below the levels of 17100 levels of 16252 can be seen.
17200 PE may be considered for this month and the next month f2nd week.
expiry.
Uwaga
breakout happens ,, we see that nifty is trying to form trading range at lower levels so trade can be avoided as pull back is expected to 17140
Zlecenie zamknięto ręcznie
Uwaga
finally the trend made a follow through and we are near the levels of 16250... we can see the previous support of 16500 is broken and price is close is below 16450 we are seeing the that price is still clinging at the level of 16500 making the trade cautious at these levels as more price action has to be seen before the tradde has to be entered as the Bears are taking profits and the bulls are getting long at the levels so combined effect my move the price back to levels of 16750.. so be cautious and trade with strict stop loss.
Uwaga
intermediate trend is still bearish ...
Uwaga
target achieved... new longs can be created if support is taken at 16167 with target 16632 sl 16132
Uwaga
partial profit to be booked
Transakcja zakończona: osiągnięto poziom stop
exit
Chart Patternstrend
Ruchiamit

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.