Nifty Entry ,Exit ,Target levels with Median Line Charts

Status
Not open for further replies.
K

Kavima

Well-Known Member
#353
#353
Tp..
My opinion is this area is a high probable zone for short with smaller stoploss level.Price is testing the resistance zone so often with the recent spike also,pulling down all early shorters of their stoploss.Now if the big guys decide to sell / If it falls now it's going to be swift and big with target of min 4812 - 4773 .If it breaks out minimum stoploss at 4890-4900 .RR ratio looks good.( Just my opiniion not a recco...)
 
timepass

timepass

Moderator
#354
#354
Kavima said:
Tp..
My opinion is this area is a high probable zone for short with smaller stoploss level.Price is testing the resistance zone so often with the recent spike also,pulling down all early shorters of their stoploss.Now if the big guys decide to sell / If it falls now it's going to be swift and big with target of min 4812 - 4773 .If it breaks out minimum stoploss at 4890-4900 .RR ratio looks good.( Just my opiniion not a recco...)
Click to expand...
Coincides with my opinion to some extent. 4900-4925 is proving to be a major resistance but I think there won't be a sharp fall. Even if it happens, it will be followed by a sharp retracement as a cushion. Whatever is keeping the index up (the charts can't show it) is not allowing major falls, not yet.
 
A

anjanbm

Active Member
#356
#356
Kavima said:
Tp..
My opinion is this area is a high probable zone for short with smaller stoploss level.Price is testing the resistance zone so often with the recent spike also,pulling down all early shorters of their stoploss.Now if the big guys decide to sell / If it falls now it's going to be swift and big with target of min 4812 - 4773 .If it breaks out minimum stoploss at 4890-4900 .RR ratio looks good.( Just my opiniion not a recco...)
Click to expand...

Dear Kavima and timepass,
Good observations.
regards,
anjanbm
 
Status
Not open for further replies.
Thread starter Similar threads Forum Replies Date
M Nifty option strategy chart in Dhan Optiontrader Brokers & Trading Platforms 3
V Entry & Exit points for NiftyBEES - should I plot the NiftyBEES data or the Nifty Index data Technical Analysis 1
R Positional Nifty : Entry is mine, suggest EXIT Trading Diary 2
healthraj RAJ NIFTY Trading - Entry Exit based on Daily, Higer and Lower timeframe Trading Diary 217
K Nifty Entry ,Exit ,Target levels with Median Line Charts Part 2 Futures 181

Similar threads