Monday, February 3, 2014

Nifty Trading Plan –3rd Feb


 

TraderAdda TRADING PLAN

 

 

  • This will consist of VSR LEVELS (Visual Support and Resistance Levels). These are very Special levels which are focused for taking positions in INTRADAY and also for POSITIONAL Trades.

 

  • At these levels we see the Behavior of the NIFTY on Charts and based on it we can enter here.

 

  • These levels Provides Very GOOD REWARD/RISK RATIO.

 

  • All Levels are SPOT LEVELS Unless it has been mentioned specifically.

 

TraderADDA VSR (Visual SUPPORT and

RESISTANCE) Levels for 3rd Feb:-

image

  • Nifty May start its movement towards 5975 in todays session.
  • For that to reach it has to break two hurdles 6043 and 6005 , so sell on Rise continues.

CURRENT STATUS :-SHORT FROM 6353.


For Further Reading,
Nifty Levels/View, Nifty Technical Analysis

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