BANKNIFTY ( 4-MAY-2022 )

Nifty Bank IndexNSE

Description

⋅ May 3, 2022 5:03 PM

MARKET CONDITION

1. Border trend negative ( sell ag, buy wait for price action)
2. previous day market, (W) pattern + positive sentiment close.

• PSYCHOLOGY POINT

1. Flat open resistance level par time spent first then buying trade.
2. Gap up open , resistance level par sorting trade.
3. Gaps down open , ag selling trade.

• FIND PROFIT SPACE ( RISK & REWORD)
• POSITION SIZING ( PYRAMIDING)
• RE ENTRY
• PROFIT / LOSS
• DID I FOLLOW MY RULUES