This is for those who underestimate the power of using stoploss. FX:USDJPY
Long nifty if it sustain above 14925 or getting a breakout of inverted head and shoulders in RSI as same as in nifty, target should be above 15200 and 15250 with a minimal stop of below the previous candles close and could be below to the previous low, When to trade? 1. Open above 14900 and sustain 2. Breakout in a RSI of the drawn trend line 3. Breakout of...
Long NIFTY50 FUT for one months, nifty following a Channel since long months and taking support from the lower trend line, as my view long Nifty with a one month view to book the gain of around 2000 to 2400 points with a risk of 300 points, a good risk reward ratio approx 8% , I suggest you to long nifty its being bullish by getting reversal from the support line...
Simple price action, covid19's second wave in India, lockdown in many cities, Major support at the target trend line if breaks and sustained their, trend on nifty will be as Bearish...
A bearish divergence occurred in nifty50 if Tuesday market get bearish or weak this trade will work definitely be cautious till the breakdown of 15000 level
It's a formation of 2nd flag pattern in nifty right time to take an action to grab 350-400 points in nifty at risk of 100 to 125 points in 10 to 12 days