Nifty : Yesterday candlestick with dip in volumes have made bears a bit impulsive. But wait , you know it , how I prefer to open trade.
They call it hanging man. Let's take it.
With dip in volume , it can be in play. But it needs a validation the next day that is today.
A Gap Down and a intra-day scalp for short side.
A Gap Up ( hanging man would get negated) , long positions can be made.
I am not willing to short as MACD lines and histogram are massively bullish. Stay out to trade nifty if we see a gap down.
Jackpot Trade :
LONG HDIL
Current Spot : 56
Target : Upside Breakout with sky high limits.
Stop Loss : As per position size.
Daily Charts are highly convincing . Can't Miss this.
SS
They call it hanging man. Let's take it.
With dip in volume , it can be in play. But it needs a validation the next day that is today.
A Gap Down and a intra-day scalp for short side.
A Gap Up ( hanging man would get negated) , long positions can be made.
I am not willing to short as MACD lines and histogram are massively bullish. Stay out to trade nifty if we see a gap down.
Jackpot Trade :
LONG HDIL
Current Spot : 56
Target : Upside Breakout with sky high limits.
Stop Loss : As per position size.
Daily Charts are highly convincing . Can't Miss this.
SS
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