Welcome to The_RightCall - We are here to help people make a living through short-term trading - the right way. Not financial advice - trades are your own.
Some things you should know :
- I am a full-time trader, both Day and Swing
- Trading should be treated as a business, where you pay yourself a consistent salary each month
- I post ALL trades in real-time, entries and exits
- I trade Equity and Stocks FnO only
#NIFTY#Nifty50
As shared in the earlier post . Bounce from the support zone . But still as long Nifty is below all three major SMA's prefer short side trades .
#Nifty50#NIFTY
Nifty at a crucial technical level.
200-day SMA is the key resistance.
β Strong daily close above = Bullish confirmation.
β Rejection = Wait for a better setup.
Let price confirm the move.
#NIFTY50#Nifty
Nifty at a major support level . SMA 50&100 .
Last two attempts of closing below them were not sustained, avoid entering shorts at the current price level . Wait for a Daily Candle close and a follow thru candle.
$SPY
SPY below 50 SMA . 4 Candles gain erased in 1, this shows selling pressure . Wait for a pullback into the gap before entering short . Till the time SPY remains below 50 SMA , look for short side trades only .
#NIFTY50#Nifty
Nifty at a major support level . SMA 50&100 .
Last two attempts of closing below them were not sustained, avoid entering shorts at the current price level . Wait for a Daily Candle close and a follow thru candle.