SUPPORT & RESISTANCE IF SEEN WITH PRICE ACTION PROVIDE ALL INFO
Hi Traders,
This post shows the support and resistance posted yesterday on the community tab for this day trading. you can see price took the support of on opening halt 2 and thereafter moved upside till noon. Thereafter clear break out was shown with respect to halt 2. if you are unable to understand then check in the weekend video I will explain this day's price action in detail.
Now I will write the trade idea posted regarding nifty yesterday. Point no.1 clearly tells the move of today which happened in the morning.
Trade Idea of Nifty For 24-11-21
1. If the price opens the gap up above halt 2 and takes the support of this halt then zone 1 is your target. On the contrary, if the price opens gap down below halt 2 and takes out on 1 min time frame to the upside then long can be open after the second test of halt 2 for the target of zone.1.
2, in case of price breaches, halt 1 and doesn't recover in the next candle then exit from all longs whether intraday or positional.
Yogesh Vats
This post shows the support and resistance posted yesterday on the community tab for this day trading. you can see price took the support of on opening halt 2 and thereafter moved upside till noon. Thereafter clear break out was shown with respect to halt 2. if you are unable to understand then check in the weekend video I will explain this day's price action in detail.
Now I will write the trade idea posted regarding nifty yesterday. Point no.1 clearly tells the move of today which happened in the morning.
Trade Idea of Nifty For 24-11-21
1. If the price opens the gap up above halt 2 and takes the support of this halt then zone 1 is your target. On the contrary, if the price opens gap down below halt 2 and takes out on 1 min time frame to the upside then long can be open after the second test of halt 2 for the target of zone.1.
2, in case of price breaches, halt 1 and doesn't recover in the next candle then exit from all longs whether intraday or positional.
Yogesh Vats
Aviso legal
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.