Nifty Stance Bullish ⬆️ Last week we discussed how Nifty was still in the bearish stronghold and then a break above 24389 was mandatory for a change in stance. This week, Nifty not only broke the 24389 ~ 61.8% retracement level but went ahead and broke the 24525 ~ 78.6% level too. This double break…
You might have heard the experts say “Trade with a stop loss”, “Define your target profits” etc. When you trade stocks, it is quite difficult to set the profit targets & the stop loss simultaneously. Options trading solves that! If your research says go bullish, then we can deploy a strategy called Bullish Debit Spread….
Nifty Analysis — Stance Bullish ⬆️ Recap from yesterday: “Nifty managed to pull up and close above 22358 which is not a bad thing at all, but what was worrying is how NiftyIT traded today.” 4mts chart How many of you really thought we would hit a new ATH today? Even if you happened to read yesterday’s…
Nifty Analysis Recap from yesterday: ”For monday, I wish to continue with the neutral stance — but a slight bias to the bullish side after seeing today’s momentum. The first level to watch will be 19562 on the upside and 19310 downside.” On the 5mts TF, I have encircled 3 regions. The close on Friday. The Diwali…
