Buy Above 5706.40 target 5732.75-5759-5785 Sell Below 5680.00 target 5653.70-5627.40-5601 Crossing 5706.40 if unable to cross 5732.75 and breaks 5706.40 then short at 5706.40 Stop and Reverse at 5732.75
Current Position Long @ 5668.50 on 11 October SAR for tomorrow @ 5662.50 Maximum Gained 75 points
How To Trade JT Trend
Trading Above High Level indicates Breakout
Trading Below Low Level indicates Breakdown
The Buy/Sell Indicates that the previous day Nifty has closed above or below that level.
Simple method of trading the above
level is to be long above MIDDLE Level and Short below. Trading below
Low/High indicates breakout/trending and we can hold position for a few
days.
Once position is taken above/below initial stop loss of 22 points to be placed.
The Buy/Sell Indicates that the previous day Nifty has closed above or below that level.
Simple method of trading the above level is to be long above MIDDLE Level and Short below. Trading below Low/High indicates breakout/trending and we can hold position for a few days.
Buy Above 5804 stop and reverse at 5769 target 5840 and 5908. At 5908 will face resistance and will continue up trend only above 5941 Below 5769 will target 5720 and 5665 where it will find support. Down trend will continue below 5631
Above 5752 will target 5794 where it may face resistance. Will continue Up trend above 5807 Below 5739 will target 5697 where it may find support. Will continue Down Trend below 5684