TF: 15 Minutes
CMP: 4.6464
Please note that this view is ONLY for the short term as the TF is 15 minutes. So plan your trade accordingly.
The ideal pattern target for the PRZ is 1.618 fib extension (of the XA leg) at 4.7740 and we should be expecting at least 50% pullback from that level.
If you are long, trail you SL strictly.
If you intend to play short here, better to wait for the price to reach and react at the PRZ zone and decide with better RR
Details are explained in the chart for better understanding.
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
交易進行
Price got rejected at the PRZ and falling.. this fall could extend further.. so dont try to catch the falling knife..If you have shorted at the TOP, stay on the put side
註釋
The key is to be stay patient until the price reaches your level.. One good trade.. 400 PE from 11 to 19交易結束:目標達成
Desired target achieved.. Trade closed.. Price could further go down.. but i am closing the trade for nowI am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
免責聲明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
