Indice Nifty 50

Nifty daily analysis

80
26 JUNE ANALYSIS:
[Market is at interesting stage, it can give breakout in both direction]
[ Banknifty is already in range for 6 weeks- chances of big move is very high]
[PS means- Position size]

Nifty opens:
side: if market give downside breakout 18645 then sell (PS-100% )
breakout on buying side 18720[PS-50%, we can add qty if nifty take support at 18720 level]
gapup: wait for price-action buy on breakout(PS-50% )
gapdown: wait for further price-action and sell if breaks lower support (PS-50%)
buy if hammer candle is formed after big gapdown and breaks high of first 5 min candle[PS-100%)

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