NIFTY
Updates for the week. NIFTY a trade plan:
Buy the dips galore.
16400 has been confirmed as a bottom possibly for this expiry, incase 16400 breaks there might be a big dip and hence lets keep an sl of 16410 to be safe and buy the dips in the coming days.
Tomorrow strategy
I foresee this call oi at 16500/600 that has come up to get into trouble by wednesday however writers are champs they manage right 😉 so i think there might be a trending up day by wednesday scaring the weak writers and then consolidating on expiry to again much below 16700 and moving towards 16900+ by month end may be.
The view collapses if 16400 broken and shorting there i guess would be enough incase comes to make good money. Above that im guessing there shouldnt be shorting except above 16700 if comes this series and breaks below 16700 for a 100pointer.
Trade plan
Trade 1: buy the dips to 16450 with stops at 16410 for a 200+pointer overnight too holding for wednesday.
Trade 2: if dip does not come buy above 16625 for a 100point tgt
Trade 3: Short below 16700 if consolidates or turns from there short only the dip below it for a 100pointer.
Trade 4: if at all falls below 16400 short and hold for a 200pointer and keep wider trails and stops when comes if comes.
Buy the dips galore.
16400 has been confirmed as a bottom possibly for this expiry, incase 16400 breaks there might be a big dip and hence lets keep an sl of 16410 to be safe and buy the dips in the coming days.
Tomorrow strategy
I foresee this call oi at 16500/600 that has come up to get into trouble by wednesday however writers are champs they manage right 😉 so i think there might be a trending up day by wednesday scaring the weak writers and then consolidating on expiry to again much below 16700 and moving towards 16900+ by month end may be.
The view collapses if 16400 broken and shorting there i guess would be enough incase comes to make good money. Above that im guessing there shouldnt be shorting except above 16700 if comes this series and breaks below 16700 for a 100pointer.
Trade plan
Trade 1: buy the dips to 16450 with stops at 16410 for a 200+pointer overnight too holding for wednesday.
Trade 2: if dip does not come buy above 16625 for a 100point tgt
Trade 3: Short below 16700 if consolidates or turns from there short only the dip below it for a 100pointer.
Trade 4: if at all falls below 16400 short and hold for a 200pointer and keep wider trails and stops when comes if comes.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.