NIFTY COMMENTARY by Kiran WEEK 6
Updated
Hi Friends,
Last week price can not able to brake the down trend line, which indicates price is still in weakness.
My option for this will continue with option 4. which is SELLING OPPORTUNITY.
STOP LOSS 11525 on closing basis.
HEDGING for long positions is advisable.
(PING me for how to hedge I will show the simple route)
Your Humble trader
KIRAN
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follow my profile for new trading ideas (kiransunku2016)
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The five conditions I watch regularly are.
1. BUYing opportunity
2. BUY hold
3.Wait for trend confirmation
4. SELLing opportunity
5. SELL hold.
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Last week price can not able to brake the down trend line, which indicates price is still in weakness.
My option for this will continue with option 4. which is SELLING OPPORTUNITY.
STOP LOSS 11525 on closing basis.
HEDGING for long positions is advisable.
(PING me for how to hedge I will show the simple route)
Your Humble trader
KIRAN
---------------------------------------------------------------------
follow my profile for new trading ideas (kiransunku2016)
---------------------------------------------------------------------
The five conditions I watch regularly are.
1. BUYing opportunity
2. BUY hold
3.Wait for trend confirmation
4. SELLing opportunity
5. SELL hold.
--------------------------------------------------------------------
Trade closed: stop reached
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