Nifty positional making money.Monday intraday<>
Mild gap up or flat opening will be good to go longs and resistance should hit first before it takes support once again.
Huge gap down will be neglected the view.
IMPORTANT-20300-20500 gap will fill before budget or after the budget it may fill depending on financial news.
>Just follow the trend you will never be in loss.
>Don't predict before closing levels for traps.
>Wait for the retest level which will be secure
and can avoid huge losses.
>Profit bookings according to your capital %.
>Don't use indicator on daily basis as stop loss can hit easy.
Niftypositional
Nifty Positional - Learning how channel pattern works1) This post is to learn how channel work.
2) Try to analyses how it work.
3) Money management is more important that analysis.
4) Never average losing trades.
5) You should have setup/ reason before taking trade.
6)Think about in term of risk and reward.