Below 5100, 5085 - 5070 are likely supports.
Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
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I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark... -
5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
3 comments:
Ilango sir ur view on nf at 5092 can i short positionally?
Hi Ilango
Are u expecting any sharp downward movement.I am thinking to short 5100 put which is trading at 100 pts premium.
Regards
Akhl
Hi..Jayshah, Akhil,
Aggressive traders can sell into this intra rally.
We have been looking out for a resistances @ 5120-5175 and it has come today.
Nifty has bounced off from 5080..A daily close below 5102 would give aggressive traders some chance. No "Sell & Hold" signal has come. You can write 5000 Calls..
Conservative longs remain.
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