Indice NIFTY 50Long
Nifty Prediction for 13th Sep..Breakout or breakdown?
On monday No Trading zone will be at 17430-17300
Do not jump in between it wont benefit according to risk and reward
Trade only after rejection or breakouts
1. Gap up if it breaks 17430 level and moves upward then Take CE with stoploss of 30-40 point on spot
If it rejects at 17430 level take PE with strict stoploss of 30-40 points
2. Flat opening is avoided till the levels ...wait for breakouts only
3. Gap down - If it goes below 17300 and breaks 17250 levels then Take PE with strict stoploss
Market looks like making Flag and pole pattern ..watch my previous analysis
wait for perfect opportunity only dont jump into any random trades
P.S. Stoploss can save you
Do not jump in between it wont benefit according to risk and reward
Trade only after rejection or breakouts
1. Gap up if it breaks 17430 level and moves upward then Take CE with stoploss of 30-40 point on spot
If it rejects at 17430 level take PE with strict stoploss of 30-40 points
2. Flat opening is avoided till the levels ...wait for breakouts only
3. Gap down - If it goes below 17300 and breaks 17250 levels then Take PE with strict stoploss
Market looks like making Flag and pole pattern ..watch my previous analysis
wait for perfect opportunity only dont jump into any random trades
P.S. Stoploss can save you
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