Hey everyone, i hope you are fine and doing good.
I am sometimes doing Trading. Trading in stocks like options. I am a option buyer because we have to pay only premium.
I have a diploma in stock trading.
Today, i wokeup before the market opened. I did some research on Nifty 50 and Bank Nifty. I did some graph reading and had some trend lines which shows support and resistance and also added fibonachi retracement which shows more clearly these trends.
When market opened, it opened in a gap-up. I was looking at my created support. I waited for a long time but it didn't reached my point. After market open, it goes sideways to half of the day.
Market was about to reach to the support but then buyers came. They lift market 80 pints in a single candle. And then market showed some correction but then later on it pumped back and i didn't trade today.
May be tomorrow will be my day...
