I would advise to stop trading for some time. If you have a decent capital I would first advise to build that capital up by swing trades or short term investments (meanwhile keep testing your strategies by paper trading). Protect your initial investment first, then with the surpl...
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@vijayrajmiskin He is suggesting to buy PE.
Good analysis
Not effective in 3 min time frame
Your analysis looks good, asian markets are also looking positive, this may give a breakout in coming next week.
@chandan1987 hope you saw today’s BANK NIFTY chart - 5 min candle of 10:10 broke the resistance of 43600 and sustained above it, so from 10:15 candle you could have entered a trade giving you at least 60-100 points.
@kunal7900 like rn in BN there’s strong resistance near 43600 a breakout from there could give you 60-70 point move or on the flip side 43525 -43500 any move below that will give you a 60-100 point
@chandan1987 try to find out range where market has been hovering around for sometime look for pivot points for further analysis, try to trade when there is a breakout and most important thing limit your trade. Try with paper trade first for atleast 40-50 trade first, then with r...
There wasn’t any trade there. The trade was range bound within 19465-19410 anything above or below that would have had a higher probability of making you a profit. In these kind of setups it’s better to avoid a trade or do short scalping of 10-15 points max.