16 Apr - Nifty Virw and trading plan.

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Hi All,

Today the first critical time is 09:20, after which if market is going up we can go long with a tight stop-loss. If its going down we will wait for another critical time in the second half. Stay tuned.
Ghi chú
Going long....
Ghi chú
12:20 is the next critical time, lets check market action there.
Ghi chú
Continue to hold long position patiently #Nifty #BankNifty
Ghi chú
Stoploss is in #Nifty Spot terms : 10430 NS.
Ghi chú
So the move is sluggish and 12:20 is approaching. There we will exit this long position and go short.
Ghi chú
Exited and have gone short , stop-loss 20 points above day's high in Nifty.
Ghi chú
Exited and have gone short , stop-loss 20 points above day's high in Nifty.
Ghi chú
The first trade in the morning was long and it ended in a profit, The second one was exited in a small loss. And now again we are long. And nifty is about to go above Friday's high!
Ghi chú
Carry forward the long position. Nifty is now above Friday's high. Nifty will continue to go up at least till 20th first and then even on 24th
Ghi chú
This is a rally which most TAs missed even today! Had called on Friday itself we would go up till 24th, and see whats happening!
BANKNIFTYBeyond Technical AnalysisNIFTYTrend Analysis

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