Nifty : Potential Bullish Bat Formation - Long @ 8450's
Coming back to the scrips which we keep close to our hearts - Yep, Nifty's....
We have bullish bat pattern formation which is currently in C to D move, so once the move gets completed at D point we can Initiate long positions in Nifty. The other blue lines going around chart are the idea posted on higher timeframe(4h) lastweek.. that idea is still valid. But here we are breaking down to the smaller moves which is 15mins and these happens within the range of that 4h chart. Never try to catch the move from C to D bcos sometimes pattern may not complete so you may lose which will be really bad for your trading. So only enter trades @ D point of the patterns. One more thing, to be profitable there is no need to be always trading and taking positions on every swing... Quality of the trades matter the most...
Hit Likes if you agree...Thanks for your support...
Happy Trading !!
We have bullish bat pattern formation which is currently in C to D move, so once the move gets completed at D point we can Initiate long positions in Nifty. The other blue lines going around chart are the idea posted on higher timeframe(4h) lastweek.. that idea is still valid. But here we are breaking down to the smaller moves which is 15mins and these happens within the range of that 4h chart. Never try to catch the move from C to D bcos sometimes pattern may not complete so you may lose which will be really bad for your trading. So only enter trades @ D point of the patterns. One more thing, to be profitable there is no need to be always trading and taking positions on every swing... Quality of the trades matter the most...
Hit Likes if you agree...Thanks for your support...
Happy Trading !!
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