20JULY ANALYSIS:
Daily analysis:
[although nifty gave momentum yesterday, banknifty was silent(so it could give breakout)]
[market is still bullish]
Nifty opens:
side: if market gives breakout after some consolidation then buy(PS-70%)
gapup: for gap up wait for price-action and then buy if market goes up after taking support (ps-50%)
gapdown: if gives breakout after consolidation only then we will sell [50%]
on big gap down we will buy after 5 min, as market will again try to go up after opening near demand zone.
Daily analysis:
[although nifty gave momentum yesterday, banknifty was silent(so it could give breakout)]
[market is still bullish]
Nifty opens:
side: if market gives breakout after some consolidation then buy(PS-70%)
gapup: for gap up wait for price-action and then buy if market goes up after taking support (ps-50%)
gapdown: if gives breakout after consolidation only then we will sell [50%]
on big gap down we will buy after 5 min, as market will again try to go up after opening near demand zone.
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Related publications
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.