Nifty - Expiry Ending 06th April 2023

2 Nis 2023

Following same previous downtrend channel, Nifty managed to close above channel midpoint. I will go long on retracement and carry the same long position for next week if Nifty does not break support / if target is not achieved. Again, I will take no more than 20-30 point SL and will avoid taking trade if Nifty behaves otherwise. Thank you!

6 Nis 2023

İşlem kapandı: hedefe ulaştı

Closing the trade as it is trading near resistance and tomorrow is holiday. I will post next week analysis by Sunday. Thank you!

PS: (Please don't take reversal trade, closing long does not mean going short!)