Nifty trend

[alroyraj]

Maybe put the stop loss at 3.5-4.
Do one thing download the ticklist and backtest which SL is better. Before a major move,the price dips some 5 points then surges,happens the same for equity. Difficult to set a price and leave it,needs to be monitored live and exit when in profit before the price reverses.

 

[Capricorn]

HI folks,

For tomorrow 22 nov

Nifty bias will be up above 5900, expect a sharp bounce.

S @ 5880 , 5810

R @ 5970 , 6110.

 

[sarath67]

Nifty facing resistance around 5940-50 will it break it

 

[Capricorn]

Who knows bro...:lol: but if it sustains 5900 recovery will be swift.

 

[alroyraj]

Capricon do you enter immediately on market open or say after some time like 9:45 .Same query for nifty stocks...

 

[Capricorn]

Capricon do you enter immediately on market open or say after some time like 9:45 .Same query for nifty stocks...

I mentioned 5900 sustaining, today we got a 1-2-3 on the 30min. That's enough for me.

 

[sarath67]

CC

Does today pullback put an end to downtrend .

if not any close 6110 level indicates uptrend has started

 

[rajsingh]

For now as long as 5900 holds it looks up. We'll see as things move along. What do u feel capri??

 

[Capricorn]

I've already said bias up above 5900.

 

[Capricorn]

By the way if we take out 6150, we would almost certainly make new all time highs. Keep your fingers crossed.