nifty pre market analysis
10 AUGUST ANALYSIS:
Daily analysis:
[Market closed positive, if market trade above prev. close then trade for bullish direction]
[Psychology- both buyers and sellers are trapped in a range so only trade in big qty outside range]
PS-Position size
Nifty opens:
side: if it gives breakdown (2 step - 30+50)
gapup: wait for price-action,buy/sell in small qty if inside range
gapdown: sell after price-action(100%)
Daily analysis:
[Market closed positive, if market trade above prev. close then trade for bullish direction]
[Psychology- both buyers and sellers are trapped in a range so only trade in big qty outside range]
PS-Position size
Nifty opens:
side: if it gives breakdown (2 step - 30+50)
gapup: wait for price-action,buy/sell in small qty if inside range
gapdown: sell after price-action(100%)
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.