Trade Alert : bank Nifty
Cost : 9005
Sl : 8965
Target : 9086
We will re-enter later.
It’s a tough call at these levels to be short.Though the trend is with you, the risk reward does not favor a lot.
On the downside 4923 and 4882 can be your targets.
So it is equidistant and can swing either sides.
At the moment buyers have shown their hand and are willing to move the market up.
I hope I am with you guys.
My methodology of trading revolves around bringing risk-reward in my favor.More reward than risk.
You have to be patient and let the market give you the opportunities.Don’t try to trade everyday, just becuase the market is open. Look for good set-ups and swing for the boundaries when you see one !
Trade Alert : Nifty Fut
Cost : above 4975
Sl : 4960
Target : 4998
Stop at 4960 taken. make an exit.
range extensions on both sides have failed so far.