as we seen than at the election result day market falls around 2060 point from previous high
and after that successfully close above high at 13-june 2024
so all negativity is behind that day
and that day nifty promise that it goes higher for fresh highs
so the 1:1 risk reward target is aruond 25400 for up coming days
Q- where is the fresh entry in this trend A- any where near previous top around 23350
Q- what is the stop loss for this current trend A- closing below 23200 is a stop loss for this trend
Q- what is the Target for this current trend A- near 25400 where 1:1 risk reward
Nota
Disclouser : I am not a Certified registered analysist this is just my observation for practice and learning purpose of chart reading, Must take advice from your financial advisor before trade
Nota
any related query allow me to answer
if this idea is use full like and share also follow and comment your thought about this analysis
Nota
Nota
200 profit ruuning around
Nota
500 point profit running accurate
Nota
25000 is a new landmark for nifty
Nota
nifty high previous day 25075
so around 800 point profit happend at the high point
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.