Nifty Intraday Analysis and Live updates 25 Jul

Strategy :Channel Trades

Outlook : Bearish to Sidways

Nifty after the rally of last week, had a retracement upto 19650 levels.

On 24th, bulls could not keep up the momentum but still not strong bearish enough

Short : within the channels, and below 18650.Tgts: 19600 ,19560,19500
Long : 19700 . targets : 19780

Disclaimer : Ideas listed are My Trading analysis and Notes/journals. Not a RA
These are NOT recommendations for Buy /Sell.
Do your own analysis before jumping into any trade/Investment.
Learn and then Earn.!

Комментарий:

Nifty opening with a positive bias. Going long with Tgts 19780 19800
SL 19650

Комментарий:

Wrong entry above. Should have waited until the blue channel break for longs.
Long :only above 18720

Комментарий:

correction above: 19720
update: closed the positions