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Clear Breakout

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NSE:NIFTY   Indeks Nifty 50
Today is a Clear Breakout!

Yesterday close was slightly above Fibonacci retracement level of 11377. Today, @ 15:20 hours, if it closes above yesterday's close - 11386, you can go long. Stop Loss will be at previous close 11386 or slightly below Fibonacci level of 11377, or previous resistance of 11353. Below 11353, sell everything!

Exit possibilities when it hits the above resistance trend lines...

First major resistance is at 12272
Komen:
Sorry, Stop Loss would be previous day Low, not previous day close...
Dagangan ditutup: hentian tercapai:
Ok, so it opened today well below the stop loss of 11353. It's currently rising. Wait for rise and then exit.

It's important to book stop loss. It's important part of the game.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.