Nifty is forming descending triangle pattern, so we will wait till nifty gives breakout from this pattern for going long
and will wait for breakdown below 16850 to go short as there is four bottoms. More probability is of breakdown amid conditions of war.
Short nifty below 16850.
I also have attached the image of yesterday's data how negative it was which does not support yesterday's intraday bounce,
and indicated for a bad news to come tomorrow and suggested a gap down.
and will wait for breakdown below 16850 to go short as there is four bottoms. More probability is of breakdown amid conditions of war.
Short nifty below 16850.
I also have attached the image of yesterday's data how negative it was which does not support yesterday's intraday bounce,
and indicated for a bad news to come tomorrow and suggested a gap down.
Nota
Yesterday we saw nifty fell 100 points at end, and there was a bounce in call writers position with a fall in difference and pcr at closing which indicated a gap down .Data is powerful tool.💪💪
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.