NIFTY 50
Expiry week 2 days gone, market is not moved to my expected point. So how can I position my self for the next two days.
Daily charts shows there is selling pressure around 7875- 7885. so I prefer to go SHORT around 7865- 7875 with stop at 7941 for a possible target 7750. whether it is intra day or 2 days trade will be decided by the closing price and candle pattern. ( if my stop or target not met).
The last two days there is some selling pressure at 17110-17145.
Daily charts shows the buying will coming around 16810- 16830 range, I prefer to go SHORT around 17145 range stop 17342
I cannot able to pick up clues from option market.
Since market not showing any bias to bulls or bears. Let me stick to basic and be discipline in trade. if stop hits don't try to over trade.
Happy Trading Zen Way....
Expiry week 2 days gone, market is not moved to my expected point. So how can I position my self for the next two days.
Daily charts shows there is selling pressure around 7875- 7885. so I prefer to go SHORT around 7865- 7875 with stop at 7941 for a possible target 7750. whether it is intra day or 2 days trade will be decided by the closing price and candle pattern. ( if my stop or target not met).
**
NIFTY BANK.The last two days there is some selling pressure at 17110-17145.
Daily charts shows the buying will coming around 16810- 16830 range, I prefer to go SHORT around 17145 range stop 17342
**
Since market not showing any bias to bulls or bears. Let me stick to basic and be discipline in trade. if stop hits don't try to over trade.
Happy Trading Zen Way....
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