Manoj's Trading Diary

[manojborle]

Second leg down over, bought NF only 1 lot again @ 5578.55 which should have been original entry with stop near day's low

 

[manojborle]

Trendline is broken so should exit on small pullback

 

[manojborle]

All 12 bars are above 20 ema, so most probably this will be a bull trend day

 

[manojborle]

Buyers will be in action once price closes or trades below 20 ema

 

[manojborle]

20 ema @ 5572

 

[timepass]

20 ema @ 5572

Which time frame ??

 

[manojborle]

resistance placed @ 5623

 

[manojborle]

and next resistance @ 5659

 

[manojborle]

last 5 bars in a tight trading range of 5574 - 5581

 

[manojborle]

if today's high is broken NF will most probably test 5622