Waiting for nifty to trade in the range 11960-11980, and then bounce back to 12008, which is 0.618% retracement level of recent swing.
That's where I'm going long, keeping stop-loss as the low it makes.
But, if nifty slides like a falling knife, then I'm not catching it.
Whenever the market falls because of geopolitical tensions, the fall often doesn't last long. In the short term, crude and currency prices may keep indices under pressure.
Plan your trades and trade your plan.
That's where I'm going long, keeping stop-loss as the low it makes.
But, if nifty slides like a falling knife, then I'm not catching it.
Whenever the market falls because of geopolitical tensions, the fall often doesn't last long. In the short term, crude and currency prices may keep indices under pressure.
Plan your trades and trade your plan.
