As expected nifty was very volatile today.The range of nifty is 10520 and 10900 for next few days.
As per our strategy nifty is still in a no trade zone. However nifty is showing signs of consolidation with a bottom formation . Because last three days nifty is forming higher lows.
The two important things to successful in trading are
1) A strategy
2) Patience.
We have got a good strategy with above 60 percent strike rate.Now for next breakout we need patience.
I expect nifty to give a moving average crossover with Bollinger band confirmation by Tuesday that is 21 st July 2020
As per our strategy nifty is still in a no trade zone. However nifty is showing signs of consolidation with a bottom formation . Because last three days nifty is forming higher lows.
The two important things to successful in trading are
1) A strategy
2) Patience.
We have got a good strategy with above 60 percent strike rate.Now for next breakout we need patience.
I expect nifty to give a moving average crossover with Bollinger band confirmation by Tuesday that is 21 st July 2020
No comments:
Post a Comment