finnifty pre market analysis
1 AUGUST ANALYSIS:
Daily analysis:
[market could give upside breakout]
Nifty opens:
side: buy if breaks up (PS-70%)
gapup: wait for price-action buy on upside breakout(ps-50%)
gapdown: we trade in small qty on sell side price-action
on big gapdown we will wait for price-action, sell on breakout [50%]
Banknifty
side: buy if market breaks up (PS-70%)
gapup: we will trade in either direction if gives breakout after consolidation(50%up, 20%down)
gapdown: no trade
only on big gapdown then we will think of selling after price-action formed(100%)
Finnifty
side: buy if market breaks up (PS-50% morning, 100% evening)
gapup: we will trade if gives breakout after consolidation(50%up)
gapdown: sell below 20250
Daily analysis:
[market could give upside breakout]
Nifty opens:
side: buy if breaks up (PS-70%)
gapup: wait for price-action buy on upside breakout(ps-50%)
gapdown: we trade in small qty on sell side price-action
on big gapdown we will wait for price-action, sell on breakout [50%]
Banknifty
side: buy if market breaks up (PS-70%)
gapup: we will trade in either direction if gives breakout after consolidation(50%up, 20%down)
gapdown: no trade
only on big gapdown then we will think of selling after price-action formed(100%)
Finnifty
side: buy if market breaks up (PS-50% morning, 100% evening)
gapup: we will trade if gives breakout after consolidation(50%up)
gapdown: sell below 20250
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