TRIANGLE |
BEARISH FLAG |
The second chart is a bearish flag formation, technical target of the same is the length of the pole, roughly 950 points from the break of the flag, first indication of the same would be a breakdown of the triangle.
TRIANGLE |
BEARISH FLAG |
SAR FOR 23RD MARCH,
SELL NIFTY BELOW 5405 AND GO LONG ABOVE 5430
IF HOLDS ON CLOSING BASIS
...
LAST TRADE
PART BOOKED @5385=120 POINTS OR 6000 RS.
CLOSED THE POSITION ON 22ND MARCH @5405=100 POINTS OR 5000 RS.
TOTAL PROFIT IN LAST TRADE WITH 2 LOTS=11000/-
AS ON 22ND MARCH
NIFTY RANGE FOR THE MARCH SERIES 5214.38 -- 5613.32
PCR INDEX OPTIONS-- 1.13(BEARISH)
INDIA VIX --22.26
SMR(smart Money Ratio)=16.73053(Bearish)
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