Daily charts:
- trend is down on daily charts
- today nifty closed 0.9% in positive at 12090
- AD was 5:4
- with today's move, all budget day losses are recovered
- note current all has been from 12400 to 11600
- 50% of this is around 12000 and this level is crossed today
- if you are following 50% retracement, then you should be stopped out
- I will wait for 12200 as SL
- in above case, note this is for analysis only
- all positional F&O trades should ideally be on 15 or 30 min charts
- in this lower timeframe, trend is up from yesterday
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvgj1fUo2IKAWRlXaN8AZ4L7YKNtUTWSffnYEg8O66q7qD8GohUGIL82fgNttnEWuwxMpfiXiJ5X1Cpg5X3hKknAtEqIqoMGlAs3MiRyFFVgypy38JynT6Jns3XZ-w5GMJ-_6u3OTjR4zl/s640/a.png)
3 min charts:
- traded short as per arrow; exited at 30 points profit
- missed long trade - reason: not keeping well last 2 weeks/ missed many afternoon trades
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8eIy8KaMaFqQ1gQ_21UFyx6jHsXLaJrT6kz_SmfICm7Ljxo30ZTdaPKvQwxB2jn472LRd8CwENX0_mSv39Odhbxp2Y01c2IQWugwVNyI_xoPjIE6cDx-FXSBCjrthG3wcTNBP0_KQMvBR/s640/a.png)
15 min charts:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEghEBlY0f5dI9u1GemedZ115CNlOQXerCszOMeXWoHIWoYkIJ1-DTINPGZpz1iAPJ-S32qe4qnAFTTRBc3okwSyV9gG0FJ5fHq0UbEG4286ZhrXPJLnEzd3UMUhqCKN7oPL2jp9KkoDQu5f/s640/a.png)
- trend is down on daily charts
- today nifty closed 0.9% in positive at 12090
- AD was 5:4
- with today's move, all budget day losses are recovered
- note current all has been from 12400 to 11600
- 50% of this is around 12000 and this level is crossed today
- if you are following 50% retracement, then you should be stopped out
- I will wait for 12200 as SL
- in above case, note this is for analysis only
- all positional F&O trades should ideally be on 15 or 30 min charts
- in this lower timeframe, trend is up from yesterday
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvgj1fUo2IKAWRlXaN8AZ4L7YKNtUTWSffnYEg8O66q7qD8GohUGIL82fgNttnEWuwxMpfiXiJ5X1Cpg5X3hKknAtEqIqoMGlAs3MiRyFFVgypy38JynT6Jns3XZ-w5GMJ-_6u3OTjR4zl/s640/a.png)
3 min charts:
- traded short as per arrow; exited at 30 points profit
- missed long trade - reason: not keeping well last 2 weeks/ missed many afternoon trades
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8eIy8KaMaFqQ1gQ_21UFyx6jHsXLaJrT6kz_SmfICm7Ljxo30ZTdaPKvQwxB2jn472LRd8CwENX0_mSv39Odhbxp2Y01c2IQWugwVNyI_xoPjIE6cDx-FXSBCjrthG3wcTNBP0_KQMvBR/s640/a.png)
15 min charts:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEghEBlY0f5dI9u1GemedZ115CNlOQXerCszOMeXWoHIWoYkIJ1-DTINPGZpz1iAPJ-S32qe4qnAFTTRBc3okwSyV9gG0FJ5fHq0UbEG4286ZhrXPJLnEzd3UMUhqCKN7oPL2jp9KkoDQu5f/s640/a.png)
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