Phoenix085

Nifty trend for coming days (April Expiry)

Long
Phoenix085 Updated   
NSE:NIFTY   Nifty 50 Index
This is my analysis/views for April Expiry...

no IF no BUT... I feel theres only one way the market will go from here and that is UP....
Comment:
Alaways look at the chart in this order...

Draw a horizontal line at current market price...

Identify the direction...

Once Direction is confirmed...

Identify the Key SnR levels...

Wait for a continuation or reversal confirmation...

Add or Exit Positions partially or depending on your risk appetite do what feels right... ALWAYS do what you FEEL more than what you THINK (PERSONAL Experience)...
Trade active:
A lesson i have learnt is dont look at the profits once you are in a trade... the numbers mean nothing...

Have the commitment till you get a confirmation to exit...

Just a NOTE:
If you analysed the levels using 100 candles why decide to exit after 1 or 2??
You ask the right question and life itself presents the answers...

Trading is all about MANAGING YOUR EMOTIONS...
If you can just do that the rest wont hurt as much...
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