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Santosh_A_Chavan
4 de Sep. de 2022 13:49

NIFTY Inside Bar Candle Strategy trade  

Nifty 50 IndexNSE

Descripción

NIFTY has formed a nice Inside Candle day befor eyesterday.

If NIFTY breaks above 17700 :-
Carry forward buy above 17700 for target 17922/18036

IF NIFTY breaks below 17470 :-
Carry forward sell below 17468 for target 17241/17127

Breaks should be on the closing basis of the daily candle OR trade can be taken after 3:00 /3:15 PM if levels are broken.

This is positional trade and can be achieved in 3-4 days after breakout/breakdown. Do Not buy options to make use of this.

Operación activa

Operación cerrada manualmente

NIFTY will go much higher from here.But advised to close todays' EOD

Operación cerrada: objetivo alcanzado

Comentarios
schavan010
Great Setup!
Santosh_A_Chavan
@schavan010, Thanks for your words!
Santosh_A_Chavan
NIFTY is still trading in the narrow range of baby candle - once it breaks out of any it will be huge upside or downside. My bias is towards upside though.
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