#IDEA long trade setup intraday (09/05/24)
Greetings Folks,
today I have prepared a setup of
IDEA on NSE
the analysis is as follows-
- marked an important support zone in higher timeframe
- price tapped in it and respected the support zone
- in lower timeframe , there is a ranged structure
speculating that nifty might move in up direction, we can plan a small counter trade
don't play with fire, always use a predefined stoploss
today I have prepared a setup of
IDEA on NSEthe analysis is as follows-
- marked an important support zone in higher timeframe
- price tapped in it and respected the support zone
- in lower timeframe , there is a ranged structure
speculating that nifty might move in up direction, we can plan a small counter trade
don't play with fire, always use a predefined stoploss
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