Nifty - weekly bearish candle after 4 weeks - Retracement on !!!
Nifty - weekly bearish candle after 4 weeks - Retracement on !!!
Volumes dropping suggest fall coming and daily chart also confirms sell off in coming days as red candle followed post doji breaking the low.
Only concern of confusion created today is market fell along with Vix. Low Vix or fall in Vix suggest low volatility/swing & stability.
I'm strictly following the charts as more indication is towards fall with tight & strict stop loss.
ATH may have to wait - 18.6k levels but 1st retracement till 17700 odd levels.
Will strictly follow my levels and take trade.
Keep a strict SL of 30 points.
Also this recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing.
Thank you.
Volumes dropping suggest fall coming and daily chart also confirms sell off in coming days as red candle followed post doji breaking the low.
Only concern of confusion created today is market fell along with Vix. Low Vix or fall in Vix suggest low volatility/swing & stability.
I'm strictly following the charts as more indication is towards fall with tight & strict stop loss.
ATH may have to wait - 18.6k levels but 1st retracement till 17700 odd levels.
Will strictly follow my levels and take trade.
Keep a strict SL of 30 points.
Also this recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing.
Thank you.