My calls performance on 06th Sep 2021 shown in chart below
Chart Setup:
· I use only Bank nifty indices (Spot) chart i never use the bank nifty options chart (or) bank nifty Futures chart
· I use only 5 min time frame i never use other time frame like 3 min, 1 min or Higher time frame 15 min & 30 min
· To mark the 1st 5 min candle high and low
All above 3 points are set after that only i planned for trading
Indicator :
· I use the Camarilla Pivot point indicator "R3" & "S3" (Only the Resistance 3 & Support 3)
Chart :
Reason for my Entry: (1st Trade)
· Today's 1st 5min candle high and low marked in Yellow line ( Chart )
· Today's 1st 5 min candle is Red opened and closed Below "R3"
· Next candle also Red their is a possible for market go Down side (it's a "R3" rejection pattern)
· 05th Candle break the 1st 5 min candle LOW and next candle also Red
· 01st 5 min candle low breakout pattern happen
· Before that Camrilla "R3" Rejection happen from today's 1st candle so high possible for Down trend
· So I decided to give a Call in Banknifty 09th Sep 36600 PE (Buy above 200)
· Stop loss was above "1st 5min candle Low" (Most important point in trading is always trail your Stop loss)
· And i decided my Target as next resistance in this chart my next resistance is Camrilla "S3"
· Exactly my Target hit without hitting stop loss
YouTube Video: (Click here to watch the video in YouTube)
Video Uploaded soon
Today trading technique:
· "R3" Rejection pattern
· 1st 5 min candle Low breakout pattern
Check the below screenshot of my calls posted today in my APP (Click here to download the app)
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