Nifty Trading Strategy
Key Levels:
Buy Above: The high of the 5-minute candle which closes above 24,940
Sell Below: The low of the 5-minute candle which closes below 24,600
Risk Strategies:
Risk Strategy 1:
If the market opens with a gap up around 24,820-24,840, wait for the first 5-minute candle to close.
Enter a buy position above the high of the first 5-minute candle.
Enter a sell position below the low of the first 5-minute candle.
Stop-Loss: Use a stop-loss of 30 points for both buy and sell positions.
Risk Strategy 2:
If the market opens with a gap up around 24,920-24,950, wait for the first 5-minute candle to close.
Enter a buy position above the high of the first 5-minute candle.
Enter a sell position below the low of the first 5-minute candle.
Stop-Loss: Use a stop-loss of 30 points for both buy and sell positions.
Additional Tips:
Monitoring: Continuously monitor the 5-minute chart for clear buy or sell signals.
Risk Management: Always use a stop-loss to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact Nifty.
Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Key Levels:
Buy Above: The high of the 5-minute candle which closes above 24,940
Sell Below: The low of the 5-minute candle which closes below 24,600
Risk Strategies:
Risk Strategy 1:
If the market opens with a gap up around 24,820-24,840, wait for the first 5-minute candle to close.
Enter a buy position above the high of the first 5-minute candle.
Enter a sell position below the low of the first 5-minute candle.
Stop-Loss: Use a stop-loss of 30 points for both buy and sell positions.
Risk Strategy 2:
If the market opens with a gap up around 24,920-24,950, wait for the first 5-minute candle to close.
Enter a buy position above the high of the first 5-minute candle.
Enter a sell position below the low of the first 5-minute candle.
Stop-Loss: Use a stop-loss of 30 points for both buy and sell positions.
Additional Tips:
Monitoring: Continuously monitor the 5-minute chart for clear buy or sell signals.
Risk Management: Always use a stop-loss to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact Nifty.
Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.