Nifty 50指数
做多

Nifty Analysis

1 180
Nifty formed Bullish engulfing candle and moved above key EMAs.

Call may be entered after retracement of 61.8% of recent swing.
Stoploss just below 38.2%.
Target till 25th July Gap down.
This gives 1:3 risk reward ratio.
Timeframe 1-5 days.
注释
1:1.5 risk reward ratio achieved when Previous swing high was reached.
Risk averse traders may exit. Others may Trail stop loss to cost-to-cost.

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