Nifty - Expiry Ending 05th January

29 de dez. de 2022

Chart is self explanatory, we can take two trades this week and both of them can be good trades. Nifty broke bearish channel and is now moving in bullish channel. But if watched closely, it is actually a bearish flag channel, hence I have more conviction in bearish trade. But Nifty will have to complete flag before any breakdown or breakout, hence both trades can be traded this week. I will take no more than 20 point SL in both trades and will avoid trading if nifty does not behave as per my plan. Best of luck and happy new year to everyone. Thank you!

2 de jan. de 2023

Trade fechado: stop atingido

I closed long trade with approx 20 point SL on 30th Dec, market did not work as per my analysis, hence no more trades this week. Thank you!