nifty analysis on daily chart via sma 233

2 may

Hello Trading Viewers

as we can notice clearly that nifty respecting sma 233

for a buyers view
stop loss is just closing below 23847

for a seller view
sell trade initiate if closing below 23847
stop loss is recent high

2 may

Nota

I am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

3 may

Nota

3 may

Nota

currently price is near 133% from previous wave

9 may

Nota

today price is very close to our stop loss so from here our risk reward ratio is very much favorable in buyers perspective

10 may

Nota

stop loss for long trade is still safe in this trade

10 may

Nota

i am still a pure buyer at this level because risk reward is very favorable at these level

12 may

Nota

precise pin point buying opportunity at previous day near 23940 at the stop loss of 23847 only 100 point stop loss there so from there 900 point profit running in one day

15 may

Nota

1150 point profit running in such a short time with the stop loss of 23847

24 jun

Nota

1350 point profit running

26 jun

Operación activa

1600 point profit running

5 ago

Nota

24230 next target

9 ago

Nota

what do you think is mkt going to test my level 24230 or not