Nifty Analysis 19 July 21
Entry has been touched for Long on Friday, Though SGX indicates a negative closing expecting to recover by morning and Nifty to open Flat.
Scenario 1:
If momentum holds near 15850-15800 on 15 mins timeframe go long. target back again to 15910
Scenario 2:
50 % prob, If opens Flat takes support at 15910 and shows positive signs target will be very small 16030-16040.
Since VIX is very low i would not suggest getting into any trade as of tomorrow. but post 2 pm you can initiate a buy if we have made a negative day.
Always trade what you see, never trade what you feel.
Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Please check out below for other links.
Like, Subscribe and leave comments if you need me to do any analysis.
Regards
Scenario 1:
If momentum holds near 15850-15800 on 15 mins timeframe go long. target back again to 15910
Scenario 2:
50 % prob, If opens Flat takes support at 15910 and shows positive signs target will be very small 16030-16040.
Since VIX is very low i would not suggest getting into any trade as of tomorrow. but post 2 pm you can initiate a buy if we have made a negative day.
Always trade what you see, never trade what you feel.
Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Please check out below for other links.
Like, Subscribe and leave comments if you need me to do any analysis.
Regards
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