Tuesday, January 21, 2014

Nifty Trading Plan –21st Jan


 

TraderAdda TRADING PLAN

 

 

  • This will consist of VSR LEVELS (Visual Support and Resistance Levels). These are very Special levels which are focused for taking positions in INTRADAY and also for POSITIONAL Trades.

 

  • At these levels we see the Behavior of the NIFTY on Charts and based on it we can enter here.

 

  • These levels Provides Very GOOD REWARD/RISK RATIO.

 

  • All Levels are SPOT LEVELS Unless it has been mentioned specifically.

 

TraderADDA VSR (Visual SUPPORT and

RESISTANCE) Levels for 21st Jan:-

image

  • Larger Trend is UP and  and Short term trend also Showing Up Movement but it needs to Cross 6340 SPOT LEVEL Decisively.
  • So we will be Cautious and will be taking decisions based on above levels.

POSITIONAL LONGS ABOVE 6340 ONLY

CURRENT STATUS :-SHORT FROM 6340.


For Further Reading,
Nifty Levels/View

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