Dev Advisory
Nifty Future has closed below 20 DMA. On the downside 50 DMA around 25963 may act as dynamic support. But trendline for Triangle is violated and today it has formed a strong bearish candle. View is negative to sideways
Negative bias and taking long via Options often is very risky. Very low probabiltiy of success
π2
Dev Advisory
Bears are active around PDL... Low risk short entry or PE scalping opportunity can be exploited here
Good quick down move
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Dev Advisory
Nifty Trade : I was expecting a continuation but stopped out. Set up was good. Now waiting for long entry
I would rate such set up in A+ Category. And this is a good example that even A+ set up can fail often. Medium CPR and Narrow IB. I would trade such set ups irrespective of the outcome
β4
Dev Advisory
Nifty Trade : I was expecting a continuation but stopped out. Set up was good. Now waiting for long entry
Booked partial gain in Long positions
π1
Very Low liquidity .. and VIA at lowest level. Weird market π«’
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