NIfty50 : 18 August. morning analysis
Good morning, traders.
Analysis for thursday still remains intact. On thursday, market opened in the range of last trading session and remained in that range, thus the price action was kinda choppy.
my plan for today:
case 1: 19460-19300 remains no trading zone.
case 2: if the market opens below or crosses 19300-280 zone, will short for immediate target of 19200 and secdond target of 160.
case 3: if market opens above or crosses 19490, will go long for the target of 19640.
Thanks for reading, Have a great weekend!
Give this post a like, if you agree with this analysis.
Disclaimer: This is my trading plan and i am just sharing it here. I do not intend to post it here as a trading advice or suggestion. It is shared here only for the sole purpose of sharing and discussing with fellow traders. Do your own due diligence and trade responsibly.
Analysis for thursday still remains intact. On thursday, market opened in the range of last trading session and remained in that range, thus the price action was kinda choppy.
my plan for today:
case 1: 19460-19300 remains no trading zone.
case 2: if the market opens below or crosses 19300-280 zone, will short for immediate target of 19200 and secdond target of 160.
case 3: if market opens above or crosses 19490, will go long for the target of 19640.
Thanks for reading, Have a great weekend!
Give this post a like, if you agree with this analysis.
Disclaimer: This is my trading plan and i am just sharing it here. I do not intend to post it here as a trading advice or suggestion. It is shared here only for the sole purpose of sharing and discussing with fellow traders. Do your own due diligence and trade responsibly.
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