NIFTY--Fakeout or Breakout??
Actualizado
price again broken the ATH,strongly but falied to take the price up...
a strong gap up is observed from this level...2 times gap up is observed...it's telling us to buy at this place...
until the trendline has been broken strongly and retest then only sell side is possible...
on bottom side we have gap at 19200 level...which may acts as support..
if the previous resistance @19500 again acts as resistance it will again fall back...
careful at this level....
will see what happens in the live market...
a strong gap up is observed from this level...2 times gap up is observed...it's telling us to buy at this place...
until the trendline has been broken strongly and retest then only sell side is possible...
on bottom side we have gap at 19200 level...which may acts as support..
if the previous resistance @19500 again acts as resistance it will again fall back...
careful at this level....
will see what happens in the live market...
Nota
If price not able to move upside....will wait for breaks below and we enter on short side after a retracement.Nota
Nota
Nota
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Also share your thoughts in the comments section.
Thanks for your Support **
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--Not SEBI Registered--
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