Learning to catch High Probability Breakouts

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amitrandive

Well-Known Member
Good move expected in Nifty in first week of Jan

Possible reasons:
1)FII's back from holiday.
2)Profit booking on Year's first day by Portfolio Managers to show green ledgers for the previous year.
3)Feeling refreshed from holidays and feeling good, all traders/investors dive in the market with confidence.
:D:D:D
Profit booking looks like happening today,after a weekend break.:D
 

nitingosavi

Well-Known Member
SBI/PNB need a little push down.
BOB need a slightly bigger push down.
INDUSIND/Kotakbank need a push down below current swing lows/support lines.
axis/icici already weak...


where they will take the banknifty ?:D
 

revendar

Well-Known Member
Great chart @revendar :thumb:

The only thing I want to mention is Trading is not about what we feel....its about how we participate with market moves

I would rather say it is at make or break level so plan your trade according to its price action near the TL
Thanks Bro. Sun Tv moving as per expectations 388/372 will be tested.
I'm an options trader and I dint enter as options price were little high.
 
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