TrendTalk

Price Action Trading #Trading #Option

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NSE:BANKNIFTY   Nifty Bank Index
----------------------------------------------------Trend---------------------------------------------------------

Trend Indicates the direction in which prices are going. Trends are of following types.

1.Up trend: - Uptrend Make higher highs & higher lows
2.Down Trend: - Downtrend Make lower highs and lower lows
3.Sideways Trend (Ranging): - Highs and Lows are range bound or they are in same range.

---------------------------------------------------UpTrend------------------------------------------------

#uptrend is Collection of up move and Down move or we can say up trend is a Creation of Higher High and Higher Lows

1st Rule Buy When High is Break.

2nd if we buy something in trend so where go and sell.Answer is you can sell when trend was change.

#Never sell in Uptrend

---------------------------------------------------Downtrend------------------------------------------------

#Downtrend is Collection of Down move and up move or we can say Downtrend is a Creation of Lower High and Lower Lows

1st Rule Buy when low is Break.

2nd if we buy something in trend so where go and sell.Answer is you can sell when trend was change.

#never buy in Downtrend





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