I post my trading analysis here for educational purpose which includes my trading setups based on Trend from structural pivots, trend lines, RSI and other technical analysis tools.
So stay tuned, happy reading and trading.
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Monday, 21 May 2012
Nifty 5 minute- Trend line on watch
Watching the trend line marked on chart above for pull back trade after the gap up opening if it happens.
Im not saying that it will surely fall after gap up but saying its possible and when it will happen , i will catch it with the help of trend line marked.
the trend line done its job very well n given a nice short entry.
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