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yrdvas
Feb 7, 2024 12:30 PM

Trading a midday Reversal on NIFTY Long

Nifty 50 IndexNSE

Description

Using PIVOTs, DIY Indicators and Price action to seek confluence and trade.

Step1) COnfirmed Reversal from PIVOT point (Daily Pivot)

Step2) Observed Higher High, Higher Low

Step3) Move above 200EMA confirmed Bullishness

Step4) Use Matrix Series and Ehlers to combine with above view and trade the trend.

Step5) Use the Support and Resistance Levels on DIY indicator for key levels to trail and exit the trade.

Achieved R:R of 1:6 on 21800 CE today
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