26 JUNE ANALYSIS:
[Market is at interesting stage, it can give breakout in both direction]
[ Banknifty is already in range for 6 weeks- chances of big move is very high]
[PS means- Position size]
Nifty opens:
side: if market give downside breakout 18645 then sell (PS-100% )
breakout on buying side 18720[PS-50%, we can add qty if nifty take support at 18720 level]
gapup: wait for price-action buy on breakout(PS-50% )
gapdown: wait for further price-action and sell if breaks lower support (PS-50%)
buy if hammer candle is formed after big gapdown and breaks high of first 5 min candle[PS-100%)
[Market is at interesting stage, it can give breakout in both direction]
[ Banknifty is already in range for 6 weeks- chances of big move is very high]
[PS means- Position size]
Nifty opens:
side: if market give downside breakout 18645 then sell (PS-100% )
breakout on buying side 18720[PS-50%, we can add qty if nifty take support at 18720 level]
gapup: wait for price-action buy on breakout(PS-50% )
gapdown: wait for further price-action and sell if breaks lower support (PS-50%)
buy if hammer candle is formed after big gapdown and breaks high of first 5 min candle[PS-100%)
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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.