RETRACEMENT OR PULLBACK (NIFTY 50)
Updated
We are seeing that Nifty benchmark index is trading on strong support zones so what we expect from here that it could do a bounce from support zones for the retracement to resistances or the given targets above resistances or can do a pullback after support break for the given targets below from support.
Idea One- Took a trade from current price and close to Resistance till Resistance (UNSAFE)
Idea two- Took a trade after resistance break and ride up to target one or target depend on the sentiments (SAFE)
Idea three- Took a trade after support break and ride up to target one or target two below support depend on the sentiments (SAFE)
STOPLOSS- Daily candle must be close on opposite direction of your trade below or above on mentioned support or resistance zones.
BE A HERO ALWAYS ✌🏽✌🏽
Idea One- Took a trade from current price and close to Resistance till Resistance (UNSAFE)
Idea two- Took a trade after resistance break and ride up to target one or target depend on the sentiments (SAFE)
Idea three- Took a trade after support break and ride up to target one or target two below support depend on the sentiments (SAFE)
STOPLOSS- Daily candle must be close on opposite direction of your trade below or above on mentioned support or resistance zones.
BE A HERO ALWAYS ✌🏽✌🏽
Note
IDEA ONE TRADERS HAVING GOOG TRADING STOP IN HANDSTrade closed: target reached
SELL SIDE BOTH TARGETS DONE
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