Technical Analysis & Trading- No confusion... gr8 combination ๐
Nifty
In morning when Nifty was trading well above 17600, this is what we had posted...
We warned about possible downside based on simple understanding of Gaps... We did not get carried away with the positive momentum but simply went with what Technical Analysis indicated us. And boy oh boy... it did not disappoint us at all...๐
It gave us clarity to book profits in our Long position that we had taken earlier... and also gave us confidence to short at the higher levels. We shorted in morning when Nifty Spot was at 17617 and covered our position when it was at around 17450. A good swing opportunity captured with the help of Technical Analysis.
No confusion.... great combination... ๐
Happy trading...!!!๐
Still need reasons to follow...!!!
To trade with me... Direct Message me
In morning when Nifty was trading well above 17600, this is what we had posted...
We warned about possible downside based on simple understanding of Gaps... We did not get carried away with the positive momentum but simply went with what Technical Analysis indicated us. And boy oh boy... it did not disappoint us at all...๐
It gave us clarity to book profits in our Long position that we had taken earlier... and also gave us confidence to short at the higher levels. We shorted in morning when Nifty Spot was at 17617 and covered our position when it was at around 17450. A good swing opportunity captured with the help of Technical Analysis.
No confusion.... great combination... ๐
Happy trading...!!!๐
Still need reasons to follow...!!!
To trade with me... Direct Message me
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