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Nifty is trading near very crucial zone and any close below 10550 will be a worrying sign for the bulls. Trend is still sideways but below 10550 a down trend will be indicated.
Follow the trade setup as given below.
TRADE SETUP :
* ALL THE TRADE SETUPS GIVEN BELOW ARE VALID FOR THE WEEK ONLY.
Profit booking levels are not given below as either you can book profit as per your risk appetite or you can treat all resistance and support levels given below as profit(partial/full) booking levels . Trend following and maximizing profit is an ART which is taught to all Gann students at ART OF TRADING
1) Buy zone 10560-10585. Stop loss below 10550 on closing basis.
2) Buy zone 10375-10340. Stop loss below 10330.
3) Short sell zone 10780-10820. Stop loss above 10830 .
4) Short sell zone 10930--10940. Stop loss above 10950.
Trend is bullish . So buy on dips is the best strategy .
Follow the trade setups given below.
TRADE SETUP :
* ALL THE TRADE SETUPS GIVEN BELOW ARE VALID FOR THE WEEK ONLY.
Profit booking levels are not given below as either you can book profit as per your risk appetite or you can treat all resistance and support levels given below as profit( partial/full) booking levels .Trend following and maximizing profit is an ART which is taught to all Gann students at ART OF TRADING.
1) Buy zone 367-369. Stop loss below 364 on closing basis .
2) Buy zone 347-352. Stop loss below 345.
Trend is bullish . So buy on dips is the strategy .
Follow the trade setup as given below.
TRADE SETUP :
* ALL THE TRADE SETUPS GIVEN BELOW ARE VALID FOR THE WEEK ONLY.
Profit booking levels are not given below as either you can book profit as per your risk appetite or you can treat all resistance and support levels given below as profit( partial/full) booking levels . Trend following and maximizing profit is an ART which is taught to all Gann students at ART OF TRADING.
1) Buy zone 1005-1010. Stop loss below 1003 .
2) Buy zone 980-985. Stop loss below 975 .
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