Greetings everyone,
I am of the opinion that either the NIFTY50 or the entire market is entering a bearish trend. Starting from today or possibly in the upcoming week, it seems likely that the market will commence a downward trajectory. This projection is based on two potential factors:
Observation of a Head and Shoulders pattern.
The breach of an important support level.
Key Levels:
Entry Range: 19200-19250
Stop Loss: 19600
Target 1: 18900
Target 2: 18600 (There is a considerable chance of attaining this target.)
Target 3: 18200
Strategies to Consider:
For those involved in options trading: Consider a small hedging strategy.
For those engaged in futures trading: Implement a strict stop-loss strategy.
Important Note: Make risk decisions in line with your available capital. It is strongly advised to refrain from trading with borrowed funds or your entire savings, drawing from personal experiences.
I am of the opinion that either the NIFTY50 or the entire market is entering a bearish trend. Starting from today or possibly in the upcoming week, it seems likely that the market will commence a downward trajectory. This projection is based on two potential factors:
Observation of a Head and Shoulders pattern.
The breach of an important support level.
Key Levels:
Entry Range: 19200-19250
Stop Loss: 19600
Target 1: 18900
Target 2: 18600 (There is a considerable chance of attaining this target.)
Target 3: 18200
Strategies to Consider:
For those involved in options trading: Consider a small hedging strategy.
For those engaged in futures trading: Implement a strict stop-loss strategy.
Important Note: Make risk decisions in line with your available capital. It is strongly advised to refrain from trading with borrowed funds or your entire savings, drawing from personal experiences.
İşlem kapandı: hedefe ulaştı
ON 26th Oct we have achieved our target and Nifty touched 18837 low which was our knees.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.