nifty analysis on daily chart via sma 233

2. Mai

Hello Trading Viewers

as we can notice clearly that nifty respecting sma 233

for a buyers view
stop loss is just closing below 23847

for a seller view
sell trade initiate if closing below 23847
stop loss is recent high

2. Mai

Anmerkung

I am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

3. Mai

Anmerkung

3. Mai

Anmerkung

currently price is near 133% from previous wave

9. Mai

Anmerkung

today price is very close to our stop loss so from here our risk reward ratio is very much favorable in buyers perspective

10. Mai

Anmerkung

stop loss for long trade is still safe in this trade

10. Mai

Anmerkung

i am still a pure buyer at this level because risk reward is very favorable at these level

12. Mai

Anmerkung

precise pin point buying opportunity at previous day near 23940 at the stop loss of 23847 only 100 point stop loss there so from there 900 point profit running in one day

15. Mai

Anmerkung

1150 point profit running in such a short time with the stop loss of 23847

24. Juni

Anmerkung

1350 point profit running

26. Juni

Trade ist aktiv

1600 point profit running

5. Aug.

Anmerkung

24230 next target

9. Aug.

Anmerkung

what do you think is mkt going to test my level 24230 or not