Unit of Technical Analysis
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Nifty & BNF Index trading Education @chetanpathare80 Disclaimer: NOT SEBI REGISTERED ANALYST.ALL POSTS ARE EDUCATIONAL PURPOSES. NO CLAIMS RIGHTS RESERVED. NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS. PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
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the 30 minutes Bollinger Band has again started contracting, we will wait for Nifty's reaction further
Trail your SL to 50% i.e. 16076 levels
from Today's low, we reached a high and then 50% of this range, hopefully should keep on moving up from here...
Morning MACD was in Downtrend
now it gave Bullish divergence and is in Uptrend
Is these helping you take trading decisions or want more clarity?
again bottom to 16114.9 of the day had a retracement of 50% of the range.
We just need to pick up signals and trade on the basis of these signals.
Just try to understand which way Nifty can go and at what levels
please study the levels and indicators and how they together try to change the trend.
