Nifty Trading Strategy
Key Levels:
Buy Above: The high of the 5-minute candle which closes above 24,940
Sell Below: The low of the 5-minute candle which closes below 24,600
Risk Strategies:
Risk Strategy 1:
If the market opens with a gap up around 24,820-24,840, wait for the first 5-minute candle to close.
Enter a buy position above the high of the first 5-minute candle.
Enter a sell position below the low of the first 5-minute candle.
Stop-Loss: Use a stop-loss of 30 points for both buy and sell positions.
Risk Strategy 2:
If the market opens with a gap up around 24,920-24,950, wait for the first 5-minute candle to close.
Enter a buy position above the high of the first 5-minute candle.
Enter a sell position below the low of the first 5-minute candle.
Stop-Loss: Use a stop-loss of 30 points for both buy and sell positions.
Additional Tips:
Monitoring: Continuously monitor the 5-minute chart for clear buy or sell signals.
Risk Management: Always use a stop-loss to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact Nifty.
Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Key Levels:
Buy Above: The high of the 5-minute candle which closes above 24,940
Sell Below: The low of the 5-minute candle which closes below 24,600
Risk Strategies:
Risk Strategy 1:
If the market opens with a gap up around 24,820-24,840, wait for the first 5-minute candle to close.
Enter a buy position above the high of the first 5-minute candle.
Enter a sell position below the low of the first 5-minute candle.
Stop-Loss: Use a stop-loss of 30 points for both buy and sell positions.
Risk Strategy 2:
If the market opens with a gap up around 24,920-24,950, wait for the first 5-minute candle to close.
Enter a buy position above the high of the first 5-minute candle.
Enter a sell position below the low of the first 5-minute candle.
Stop-Loss: Use a stop-loss of 30 points for both buy and sell positions.
Additional Tips:
Monitoring: Continuously monitor the 5-minute chart for clear buy or sell signals.
Risk Management: Always use a stop-loss to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact Nifty.
Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.