Description
⋅ Nifty May be forming B Wave in side that it looks forming a contrating triangle.
Trade Setup
****Ensure that 9932 not breached*****
enter short when nifty Breaches the BD Trend line
Keep SL above Wave E
The minimum Target would be 9780
Comment
⋅ Made Stop Loss sell below day Low
Comment
⋅ Sold Future @ 9900
Comment
⋅ Target Minimum 9853 and maximum 9806(Spot )
Comment
⋅ Since Suspected Contracting triangle changed as Diametric once Planning to exit the short near 9870
Comment
⋅ Book Profit Partial @ 9870 30 Points Profit
Trade closed manually
⋅ Booked full Profit @ 9860 as reversal Happened
Comment
⋅ For Second Lot 40 Pts Profit
one doubt here >what to do if e is breachedand reached to B bfore going bd line .THEN WHAT TO DO?