NIFTY FUT- Blue Print for 22-Mar-2022

Diupdate
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NIFTY FUT- Blue Print for 22-Mar-2022
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HTF - Market Structure

l Chart Pattern - Higher Low structure
l DTF Pivot Trend - Bullish Structure
l DTF Price Action - Bearish Marbuzzo

Pivots Analysis.

l Monthly Pivot - LV Relationship -Trending Range month.
l Weekly Pivot - HV relationship - Trading Range week.
l Daily Pivot - LV Relationship - Trading Range day.
l Pivot Width Analysis - Trending day - 0.40
l DR - 261.45>137.60 (DR=<50% of ADR to confirm trending day)
l GPZ - H3GPZ (Resistance GPZ)

Key levels.

l PDH/PDL - Done.
l PD Turning Points - Done
l PD Supply and Demand Zone (1HR TF) - Done
l Swing High/Low - Done
l Gaps - Done
l Virgin CPR - None

Summary

► DTF is in area with "BEARISH MARBUZZO", which infers sellers dominant bias.
► Pivot analysis infers TRADING RANGE bias.
► CPR is in "LOWER VALUE WIDE RANGE" relationship.
► Support levels 16850/16799
► Resistance levels 17500/17480.

**FII have sold total of 44207 crores in total for this month. Hence, always look any up move with skepticism.**

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Trading Plan

1. Any bullish PA above 17422 is stop of 17374 and target of 17500.
2. Any bullish PA above 17048 is stop of 17000 and target of 17142.(Scalp)
3. Any bearish PA below 17338 is stop of 17388 and target of 17263.(Scalp)
4. Any bearish PA below 16997 is stop of 17052 and target of 16930.

Two rules that I follow religiously while trading

► Don’t trade until 9:30, unless it’s a trending day.
► Once you Reach 1:1 RR ratio move u SL to cost and book 50% if you are conservative trader.

This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.

Bonne chance!!
@Sacredmonkey.

Trading ditutup secara manual
Plan 2 completed - Entry 17065. exit - 17125, SL - 17000
Trade aktif
Plan 3 active
Catatan
Move plan 3 SL to cost
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