Above red trendline is bullish and can give a small short covering
Light blue is support, if broken on downside, bearish
Deep blue is super bullish on smaller time frame
below orange is super bearish on smaller time frame.
View can be made only after candle close. Use momentum if breaking trendline with strict SL
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Price between orange and red trendline is premium erosion
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As long as 200 ema is above 1000 ema, i dont take bearish trades. And if price trades above 200 ema it is strict no bearish trades. Same veice versa.
All this on 1 min time frame. Nifty spot
All this on 1 min time frame. Nifty spot
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Above red trendline and we are getting green shots.
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Exit part position at deep blue trenline
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Full exit at deep blue trenline
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One can load candle bars on the charts to see price behaviour at trendlines
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Reason for my full exit at deep blue trendline is this now what is happening
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Check what happened at deep blue trendline
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We are at Support on 15 mins
Keep watching. Also check my BN view
Keep watching. Also check my BN view
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All out war at the light green trendline which is a support on 15 mins.