Inverse Head&Shoulder in Nifty !

Inverse Head&Shoulder formed in Nifty !
If the Neckline 5610 is taken away, then the target 5850.

7 Intra Ascending Triangle !

Shorted 5534 Sl triggered 5543
Long 5544 SL 5535  Target 5570 5590
Ascending Triangle Upside broken !

1st Target done[days high 5577]
but Tsl triggered 5549 .

 

6 Intra

Shorted 5500 Target 5475  5455
Booked 50% @ 5476
Remaining 50% TSL triggered 5587

Shorted 5508 sl triggered 5517

FOCUS !

An another essential quality a trader should have !
You will never learn all there is to learn about the market!
Push your Ego aside and FOCUS on one market, One scrip & One Strategy !

3 Intra

Long @ 5590 TSL triggered @ 5587
Shorted @ 5587  Covered @ 5535

3 June

NiftyFuture[5558]-
Resistance
5580
Support
5532
HappyTrading !

Nifty 5622 Channel Resistance !

NiftyFuture will Face Strong Resistance @ 5620,
If crosses & closes above 5620, Target 5760.
If it does not cross 5620, Nifty may target 5000.
remains to be seen !!!!!