Nifty - Weekly Review Jan 6 to Jan 10

3 天前

After the latest change in lot size, price is moving with more strength. Nifty will be an attraction to more option players in future and it is better to learn better to trade with increase in lot size. Always trade with a plan and know your target, entry and stop before taking any trade.
Coming back to the analysis, price was moving with strength and formed steady uptrend and now it has broken the trend line. 24000 is a psychological zone and unless bulls or bears gain strength, movement will be volatile.
If bulls gained strength buy above 24040 with the stop loss of 23990 for the targets 24090, 24120, 24160, 24220, 24260 and 24320.
If bears gained strength, sell below 23950 with the stop loss of 23990 for the targets 23910, 23860, 23810, 23760 and 23720.
Do your own analysis before taking any trade.

前天

註釋

Fall breaking the trend line.