12 SEP ANALYSIS:
Daily analysis:
[Market is at all time high]
[nifty moved 500 points and banknifty moved 1500 points in 3 days]
[so profit booking could come on big gapup/down trade in small qty]
[we will trade in full qty if market gives breakout after some consolidation]
PS-Position size
Nifty opens:
side: if it gives breakout buy(50)
gapup: see further priceaction
gapdown: will see further price-action, will sell if gives breakdown [100]
Daily analysis:
[Market is at all time high]
[nifty moved 500 points and banknifty moved 1500 points in 3 days]
[so profit booking could come on big gapup/down trade in small qty]
[we will trade in full qty if market gives breakout after some consolidation]
PS-Position size
Nifty opens:
side: if it gives breakout buy(50)
gapup: see further priceaction
gapdown: will see further price-action, will sell if gives breakdown [100]
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.