NIFTY 03-03-2022

NO DOUBT ITS BEARISH PREFERING BEARISH TRADES CMP 16626

Blue lnes are Center So

a). if nifty opens gap up above 16679
action: WAIT FOR ATLEST 1 HR
if nifty goes up Sell near Resistance level 16785-16820
with SL 15MIN CLOSED ABOVE 16820
TGT 1ST 16600-16570 2ND 16320-16203

b). if nifty Opens between 16680-16586
action: sell after one 15min red candel closed below 16586
with sl current day high
TGT 16320-16203

c). If Nifty open between 16580-16450
action: sell below 1st 15 min candle
with sl 1st 15 min day high
TGT 16320 - 16220

d). if nifty open down below 16450 ignore the trade
think for buy only
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

Penafian