NIFTY ASCENDING TRIANGLE BREAKOUT ON HOURLY CHART

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ASCENDING TRIANGLE BREAKOUT IN NIFTY INDEX
PLEASE NOTE
HOURLY CHART BREAKOUT RELIABLITY IS LESS AS TIME FRAME ANALYSIS
HENCEFORTH TRADE WITH CAUTION
PREFER OPTION TRADE TO LIMIT LOSS AND MANAGE THE VOLATILITY.
TRADE
BUY 10800 CE 60 (NOV)
STOP@40
TARGET@120
LOT SIZE:75
QTY:6
NOTE:A TEST OF 200-DMA IS POSSIBLE IF BREAKS THEN HOLD ON FOR 10930 LEVELS
MACD ABOUT TO GIVE MOMENTUM BAR ABOVE ZERO GOING INTO +VE MOVEMENT
REDUCTION IN VOLATILITY INDEX VIX IS SHOWING STRENGTH ON THE UPSIDE
TRADE WITH STRICT STOPLOSS
I HAD POSTED AN EARLY CALL ON NIFTY FEW DAYS AGO
THERE WAS A TYPING ERROR
BULLISH ENGULFING*IS PIERCING LINE PLEASE NOTE THAT
Not
BULLISH ENGULFING PATTERN IN NIFTY INDEX
İşlem aktif
please carry our trades for coming week
indicators are positive and final hour may see some volatility
İşlem aktif
stop loss now is 34.5 due to volatility adjustment
Ascending TrianglebreakouttradingChart PatternsindexTechnical IndicatorsNIFTYpositionalcallTrend Analysis

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