hello traders
i hope ur doing well in your trading
i am presenting you my nifty short trade view please check
nifty daily looks week in coming days
because from last 4.5 months price trading
above ema 21 and now
ema 5 crossing downside below ema 21
so its a short trade for me
stop loss at life high
from the crossing point to life high distance is 568 point so
its a stop loss
and target is in equal and multiple of stop loss
i hope ur doing well in your trading
i am presenting you my nifty short trade view please check
nifty daily looks week in coming days
because from last 4.5 months price trading
above ema 21 and now
ema 5 crossing downside below ema 21
so its a short trade for me
stop loss at life high
from the crossing point to life high distance is 568 point so
its a stop loss
and target is in equal and multiple of stop loss
Note
thank you for reading my ideaif found any related query allow me to answer
Note
press the boost rocket button if you think this analysis is use fullNote
ema 5 crossing down ema 21 and after crossing price did not testing ema 21
so the best place to short is when price testing ema 21
Note
price moving slowly toward EMA 21 where our entry for fresh shortNote
closing at 19393 around 83 point up todayEma 21 @ 19481
Ema 5 @ 19397
Note
expecting today price can test our short entry level @ Ema 21Note
very very choppy mkt in this rangebecause more than 15 days closing in this 100 point range
Note
what is the best stop loss for a crossover system.....simple if again crossover happen in opposite side than our stop loss triggered
and than we can think about opposite side trade
Note
still price not testing ema 21Note
price tested ema 21 so our sell entry executed
Note
from previous 4 trading day only 80 point moveNote
110 point profit running for nowNote
any pullback on long side near 19470 is used for fresh entryNote
250 point profit running from our entry priceNote
this is my previous analysis on nifty gives 1200 point profit
without going even 10 point negative
Note
this is also my previous posted analysis on nifty gives around 1300 point profit
without going even a single hourly candle negative
Note
thank you for your like and supportNote
again this is my previous analysis on nifty gives 1900 point profit
without going even a single hourly candle negative
Note
this is my another previous posted analysis on nifty gives 500 point profit
without going even 10 point negative
Note
Ema 21 = 19445Ema 5 = 19358
price = 19265
so any upside near ema 21 is a fresh entry
Note
ema 21 = 18432ema 5 = 18341
price = 19306
Note
closing price 19342ema 21 = 19421
ema 5 = 19341
Note
as i am telling again and again that fresh sell near EMA 21
so today is the day
Note
again price near 21 ema which is out fresh entry pointNote
keep stop loss very very tight and our stop loss in this trade is
ema 5 crossing up ema 21 is our stop loss
if stoploss triggered this time than again 1300 point upside possible
Note
long triangle breakout seen so keep ur stop loss very tightNote
turn into bullish trade nowNote
242 point profit in crossing down sell side and than
320 point profit in crossing up buy side
total 545 point profit running for now
Note
after crossing happens in up side 630 point profit runningRelated publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.