Daily charts:
- trend is down on daily charts
- today nifty closed 1.5% in positive at 11303
- AD was 10:7
- ATR (average true range) has increased to 180 points
- this means min SL should be at least 360 points for a positional trade
- on 17th JAN, the ATR was 100 points
- on intraday charts, this volatility is reflected via a 100 point in less than 10 minutes
- stopped trading now due to huge SL required
3 min charts:
15 min charts:
- trend is down on daily charts
- today nifty closed 1.5% in positive at 11303
- AD was 10:7
- ATR (average true range) has increased to 180 points
- this means min SL should be at least 360 points for a positional trade
- on 17th JAN, the ATR was 100 points
- on intraday charts, this volatility is reflected via a 100 point in less than 10 minutes
- stopped trading now due to huge SL required
3 min charts:
15 min charts:
No comments:
Post a Comment