Nifty opened at the Big Round Number 8100 and swiftly moved down giving an opportunity to short. This found a minor support near the 8040 and moved up till 8060.Enter the long but the entry method was not right (will elaborate this later on in a different note). This was finding new short entry at the resistance zone and again an opportunity to short at the bearish engulfing candle (in the 1 min chart). Could not take this entry.
Further on all Swing Low and Swing High where actually the trade initiating opportunities but were not taken. So this is a clear indication for me to fine tune my entry strategy!
Nifty 3 min chart:
Nifty 1 min chart:
Further on all Swing Low and Swing High where actually the trade initiating opportunities but were not taken. So this is a clear indication for me to fine tune my entry strategy!
Nifty 3 min chart:
Nifty 1 min chart:
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