Its just the basic of charting. A trading support at 21350 has broken which was maintained in the last trading session. It can witness trading weakness.
A stock where I am playing short is HCL TECH, its the same where I traded long earlier.
Wednesday, 30 September 2020
Thursday, 24 September 2020
Wednesday, 23 September 2020
Tuesday, 22 September 2020
Monday, 21 September 2020
21 SEPTEMBER 2020 : PREOPEN VIEW - CHARTING
Hello friends, in the last trading session it gave a dip. Being a technical trader, I added shorts and book good profits.
What's now for the day?
These is no simple answer. May is expected to open soft but there are too many supports. 11300 is a crucial support which may not be violated easily. Look at the moving average on the chart.
On higher side 11600 is a resistance. I will update trading signal on twitter.
Friday, 18 September 2020
18 September 2020 : Nifty Chart for the pre-open
Hello Friends, I am back after real long time, seems its more than two years.
Let us talk about the trades and possibilities for today. It is showing a triangle kinda break down situation which may drive Nifty to fall by 1% or near by. I have not loaded myself with shorts yet but surely I am planning to consider it.
Stop loss, execution price and target depends on market condition. Charts says Nifty may find it difficult to cross 11600.
Your views always welcome.
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