Assuming Nifty opens gap up, all hopes gone - why didn't you take action on Friday itself? Got scared of theta? .. perhaps good risk management?
Target 1 - 15860 -15889 levels will be completion of blue A and book profits.
So I am looking at some gap up.. and people will start to buy in and it might be a trap so be careful ... we will see some red candles later. use Falcon trigger line method to play some shorts from the top with stop loss day's high ... a perfect plan to set some fire!
I will plan to look at Blue B immediately, with targets of 61.8% of this entire blue A
Happy trading!
I have pinned my old analysis as well which is active and correct. For more details checkout the links below of What is Nifty upto? and Nifty || 27th June 2022 analysis.
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