Nifty Taks 09 Aug

Strategy : parallel Channels and Support /Resistance

Support : 19310 19430 19570

Resistance 19570 19640 19700

Short Entries at the top of the channels on return down

Long Entries at the bottom line of channels on bounce

On break of channels, to follow the trend


Disclaimer: For Educational purposes. Not recommendations

Trade ist aktiv:

So far, Nifty trading on the projected lines.

Holding for the support points to reach with strict resistance /Sl of 600

Trade ist aktiv:

Still on projection path.

Part booking at 19475 and remaining to trail for Tgts of 19430

SL trailed to 19510

Trade wurde manuell geschlossen:

Closing the shorts .

To wait for next opportunity or to close for the day