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As the next phase of evolution as a trader I started to do 1 to 3 days #swing #trading in fno stocks. I am doing in cash for longs and options for short. So strategy is a bit lop sided. Since shorting is my strength, i am comfortable with risk
with each chart logic explained.
Before actual trading, I have been practicing this with small quantities (long only) with #zerodha #60daychallenge.
I have 5 days to go, but result is known already ;-).
#NSE #FnO #experiment #learning.
I might succeed, I might fail. First week was good one.
#BAJFINANCE.
1.multiple #bullish #engulfings at swing support area,
2. consolidation
3. rsi divergence
Risk reward 1:4
Result: Target achieved
#NIFTY #TradingView Image
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