do not jump in long trades seeing gap up ..Gap up opening will be there due to that possible opening will be out side of upper bollinger and closing may or may not be out side of bollinger it is depending on bollinger that will it move in the direction of price or try to pull prices within range …have a look at Nifty eod chart
trade in Nf as per these levels
buy at / above 7633 tgts 7662 – 7694 - 7721 – 7765 sl 7611
sell at / below 7609 tgt 7571- 7547- 7514 - 7482 sl 7631
Market moved up by 300 Nifty points and oi reduced by 25 lac shares in Nifty …up move with reduction in Oi is not a healthy sign …be cautious trade according to trend and with proper sl .
Bank Nifty is trading at top of channel if channel break out will be there expect another 400 to 500 points up move if no to break out may consolidate or start towards south from channel top you may search for selling opportunities also below resistance levels .
Bn chart showing that some corrective move may be there
Nf low traded at 7512 2nd planned was at 7509 …we will say tgt 1 done and tgt 2 also almost done …see call was posted here in real time http://dhanvarsha.in/chatroom/
admin: SELL nf below 7548 sl 7552 tgt 7529 7509 7485 7464
see instructions passed
admin: how to trade and accumulate gains /?? suppose sold NF at 7543 >>>> 7529 is tgt 1 as per levels … BOOK 50 % gains at 7529 30 and be ready to SELL same portion again near 7541 44 keeping sl at same level 7552
admin: NF traded at 7527 below tgt 1
admin: 20 points NF trade dn and 50 points in bnf
admin: bn EXIT SHORT BUY at 15418 sl 15358 tgt 15450 70
admin: SELL nf again at 7539 48 sl 7552
admin: nifty again gaining 13 or more points at 7528
If 13 or more NF points 2 times means total 30 in a day not bad …stay connected at Dhanvarsha ..
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do not jump in long trades seeing gap up
