Last week a full of Swing in Range bound & Choppy Moves as I stated last Monday.
This week will be a trend week,we can move in 1-2 direction only,not much Choppy moves will be witnessed.
This week SAR is 5462.
But as I mention in friday Post if Close below 5450 Hold shorts,so I hold 1 lot Short still.
Reinitiate short near to Weekly Pivot 5485 with a 25 point Sl for both lots.
Or on a break of 5410 which is previous Low.
In present scenerio going long is only a ustain Move above Weekly SAR on Closing basis can be consider.
Better to take Long only above 5510 with again 25 point Sl.
I Pray Almighty for a Profitable Week ahead.
As I post to Short @ 5485 Nifty Spot reach to 5482.
Enter Short Position with Sl of 5510 Nf Spot.
As per volume Profile a fast fall can occur below 5460 Spot.
This week will be a trend week,we can move in 1-2 direction only,not much Choppy moves will be witnessed.
This week SAR is 5462.
But as I mention in friday Post if Close below 5450 Hold shorts,so I hold 1 lot Short still.
Reinitiate short near to Weekly Pivot 5485 with a 25 point Sl for both lots.
Or on a break of 5410 which is previous Low.
In present scenerio going long is only a ustain Move above Weekly SAR on Closing basis can be consider.
Better to take Long only above 5510 with again 25 point Sl.
I Pray Almighty for a Profitable Week ahead.
As I post to Short @ 5485 Nifty Spot reach to 5482.
Enter Short Position with Sl of 5510 Nf Spot.
As per volume Profile a fast fall can occur below 5460 Spot.
If not sustain below 5460 than a rally can Occur
ReplyDelete& make a new high.