Nifty daily analysis
26 JUNE ANALYSIS:
[Price action started to look a little bearish]
[ Banknifty is already in range for 6 weeks- chances of breakout is very high]
[PS means- Position size]
Nifty opens:
side: if market give downside breakout after consolidation around 18650 then sell (PS-100% )
gapup: wait for price-action trade on whichever direction it gives breakout(PS-20% for upside and 30% for downside)
gapdown: wait for further price-action and sell if breaks lower support (PS-50%)
buy if hammer candle is formed and breaks high of first 5 min candle[PS-100%)
[Price action started to look a little bearish]
[ Banknifty is already in range for 6 weeks- chances of breakout is very high]
[PS means- Position size]
Nifty opens:
side: if market give downside breakout after consolidation around 18650 then sell (PS-100% )
gapup: wait for price-action trade on whichever direction it gives breakout(PS-20% for upside and 30% for downside)
gapdown: wait for further price-action and sell if breaks lower support (PS-50%)
buy if hammer candle is formed and breaks high of first 5 min candle[PS-100%)
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