Hi guys good morning as we mentioned yesterday to go long as soon as nifty crosses 5250...a gain of approx 75 points that too well explained...in the above chart dear RCG ji has explained about important supports and resistances....
In this chart he is giving out possibility of min 150 points upmove from 5200 levels till 5350..how is it possible ? let us see with help of trendlines..
ok as u see in the above chart the yellow line is first resistance around 5350 and the major major resistance is the red line at 5475..as we have been telling to go short via calls near 5400-5500 zone in staggered lots and long near 5200 zone + -50 points.....good luck guys ...if u see nifty closing above the yellow line go long via shorted puts....
Hi guys good morning as we mentioned yesterday to go long as soon as nifty crosses 5250...a gain of approx 75 points that too well explained...in the above chart dear RCG ji has explained about important supports and resistances....
In this chart he is giving out possibility of min 150 points upmove from 5200 levels till 5350..how is it possible ? let us see with help of trendlines..
ok as u see in the above chart the yellow line is first resistance around 5350 and the major major resistance is the red line at 5475..as we have been telling to go short via calls near 5400-5500 zone in staggered lots and long near 5200 zone + -50 points.....good luck guys ...if u see nifty closing above the yellow line go long via shorted puts....
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