28 AUGUST ANALYSIS:
Daily analysis:
[Market could become bearish if it breaks previous weeks low]
[Psychology- new buyers will only activate above 45000 banknifty, 19500 nifty ]
[and seller will activate below 44000 bnifty, 19220 nifty]
PS-Position size
Nifty opens:
[in between trade in small qty chances of remain in range bound could be higher]
side: if it gives breakdown (2 step - 30+50)
gapup: buy if it gives breakout after consolidation (2 step - 30+50)
gapdown: sell after price-action(100%)
Daily analysis:
[Market could become bearish if it breaks previous weeks low]
[Psychology- new buyers will only activate above 45000 banknifty, 19500 nifty ]
[and seller will activate below 44000 bnifty, 19220 nifty]
PS-Position size
Nifty opens:
[in between trade in small qty chances of remain in range bound could be higher]
side: if it gives breakdown (2 step - 30+50)
gapup: buy if it gives breakout after consolidation (2 step - 30+50)
gapdown: sell after price-action(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.