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Eatsleeprepeat

Nifty Upward Channel

Short
Indice NIFTY 50 (NSE:NIFTY)  
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NSE:NIFTY   Indice NIFTY 50
Parallel Channel Oscillators
9
0
parallelchannel oscillator
In lower time frame Nifty approaching 1.618 retracement. RSI also overbought so expecting a small correction.
snapshot

Incase of Preopen Above 10140 the entire setup will be invalid. Can initiate long at bottom
Commentaire:
As expected facing strong resistance at channel top near 10120 zone.
Commentaire:
Moved to 10100. Revise your stop above days high @ 10125
Trade fermée manuellement:
Entered at 10120 and closing the trade at 10125 with 5 points loss
Commentaire:
Should have stick to stoploss.
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