June 1, 2020

Market outlook

Daily charts:
- nifty is trading sideways and is now at upper end of trading range
- today nifty opened gapup and closed 2.6% in positive at 9826
- AD was 5:1

- good level for contra traders to be short 
- you are very close to SL (10000)
- I am not a positional trader in nifty 

5 min charts:
- avoid trading if SL is too deep
- or cut down position size to reflect deep SL

15 min charts:

No comments:

Post a Comment

Share this...