Nifty Trading plan - 23rd June
Summary
l HTF trend is bullish and any weakness is an opportunity to buy. Market I believe is soaking all supply hence, expect market to consolidate before moving upwards.
l Pivot analysis infers neutral bias, so direction is difficult to judge. Hence, opening print will confirm direction.
l Support levels 15700/15660.
l Resistance levels 15900/15850.
l Wait till market confirms direction and the take trade.
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Step 1 - Strategies to be deployed -
l Open drive rejection
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15815 is a long with stop of 15787 and target of 15860.
2. Any bullish PA above 15720 is a long with stop of 15692 and target of 15778.
3. Aggressive long above 15900 with stop at 15870 and target of 15960.
4. Any bearish PA below 15800 is a short with stop of 15828 and target of 15748.
5. Any bearish PA below 15710 is a short with stop of 15743 and target of 15672.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Mockingbanana
l HTF trend is bullish and any weakness is an opportunity to buy. Market I believe is soaking all supply hence, expect market to consolidate before moving upwards.
l Pivot analysis infers neutral bias, so direction is difficult to judge. Hence, opening print will confirm direction.
l Support levels 15700/15660.
l Resistance levels 15900/15850.
l Wait till market confirms direction and the take trade.
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15815 is a long with stop of 15787 and target of 15860.
2. Any bullish PA above 15720 is a long with stop of 15692 and target of 15778.
3. Aggressive long above 15900 with stop at 15870 and target of 15960.
4. Any bearish PA below 15800 is a short with stop of 15828 and target of 15748.
5. Any bearish PA below 15710 is a short with stop of 15743 and target of 15672.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Mockingbanana
Transaction en cours
Plan 4 in progress.Trade fermée: cible de profit atteinte
Plan 4 doneNote
15735 is a DTF support zone. If its breached more fall to comeTransaction en cours
Plan 2 in progressTrade fermée: cible de profit atteinte
Plan 2 done. cheersTransaction en cours
Plan 2 In progress.Trade fermée manuellement
Exit tradeNote
Don't trade for today, Market is in whipsaw mode. Save ur money and enjoy.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.