IIT-Trader

NIFTY--Drop Base Drop or Bullish ??

IIT-Trader Actualizado   
NSE:NIFTY   Índice Nifty 50
NIFTY index,
3 continuous bullish gaps indicating bullishness...
Gap up opening and filling the gap and again gap up opening ...
this happens in the last 3 successive sessions....

In higher time frame price action is still bearish,
After a strong break above the 19500 levels...
a strong fall is observed up to 19300 levels...
the liquidity grab on bottom side is finished...
and now price is moving in a bullish channel,with 3 continuous bullish gaps....
if this move continuously happens to top side...
tomorrow the liquidity on the topside @19650 levels will be finished soon.

Keep safe...
Comentarios:
strong bullish pressure is observed...after 3 bullish gaps...don't go for short...wait.
Comentarios:
At important resistance...

**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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.