hello traders friend
Nifty 50 daily create a Parallels Channel
around 1000 point channel for upcoming days
buy nifty around 19300
stop loss 19100
target 20400
for a upper channel target
Nifty 50 daily create a Parallels Channel
around 1000 point channel for upcoming days
buy nifty around 19300
stop loss 19100
target 20400
for a upper channel target
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if found any related query allow me to answer
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Comment:
risk reward is very much favorable for buyers
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Comment:
200 point profit running in this trade
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Comment:
continious two days mkt back to back zoom with gap up
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be alert
short term chart its a perfect reversal point
be alert
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Comment:
400 point profit running for now in this trade after post
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continuous up on 2 weekly
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previous day support taking from upper trendline
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new 15 range for nifty
Trade closed: target reached
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade