Price Action trade forecast for Bank Nifty
If you see the Bank Nifty Daily price chart of 22nd December you will find increased buying pressure. Bank Nifty closed at the top. As I observed the price action forecast for bank nifty I am in a Positional trade for bank nifty in Long Position. I hope GAP UP in bank nifty tomorrow morning. My tomorrows target for bank nifty will be 150 points and stop loss will be the low of 22nd December . Just have a look of buying pressure in Bank Nifty on 22nd December
Bank Nifty Daily Price Chart on 22nd December
Price Action Forecast for Nifty on 23rd December
Today I am in a long position in a positional trade for Nifty. I observed increased buying pressure in Nifty in the price chart. I am in a positional long call in Nifty. I hope Gap up tomorrow morning in Nifty. My target for Nifty is 25 points and stop loss is the low price of 22nd December.Just have a look of daily price chart of Nifty on 22nd December.
Nifty Daily Price Chart on 22nd December
Price Action Trade Forecast in GBPINR for 23rd December
Today I am in a Short Position in GBPINR for Positional trade. I placed my positional trade at the closing bell of currency market at 4.55 pm. Tomorrow my target is 25 points in GBPINR and stop loss is todays low of GBPINR. I hope Gap Down tomorrow morning at opening bell. See the daily price chart of GBPINR.
Daily Price Chart of GBPINR on 22nd December
Price Acion trade Forecast for JPYINR on 23rd December
Today I am in a short position in JPYINR for positional trade.My target is 25 points and stop loss is the low of 22nd December. Tomorrow I hope Gap Down in JPYINR according to price action signal.Selling Trend might be continued.Just have a look at Daily Price chart of JPYINR on 22nd December
Daily Price Chart of JPYINR on 22nd December.
I will update the results of Nifty, Bank Nifty , GBPINR and JPYINR tomorrow.
Result of Price Action Trade Forecast of Nifty , Bank Nifty and GBPINR and JPYINR on 23rd December
Result update of Price Action forecast for Bank Nifty positional trade
Woe bank nifty moved as expected. I booked my target of 150 points as I explained in my yesterdays post. I got my target just within half hour when market opened at 9.15 am. Bank Nifty raised upto 200 points in upward direction and then it came slowly down. I got my target of 150 points and I Square off my position. Great trading experience with bank nifty.
Result update of price action trade for Nifty positional trade
Woe Nifty moved as expected. Nifty opened rate to rate but just within 30 minutes if moved upward and I got my target of 30 points as I explained in my yesterdays post.Nifty moved high upward 35 Points. Then after it moved downwards in the afternoon. I booked my target and square off my position. Great trading experience with Nifty.
Result update of Price Action trade for EURINR
EURINR was gap down .There was less selling pressure therefore I booked 20 points in EURINR.
Result Update of Price Action trade for GBPINR
GBPINR was gap down.I booked 20 points in GBPINR
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Happy Trading.