IIT-Trader

NIFTY--Bullish or Bearish ??

IIT-Trader Uppdaterad   
NSE:NIFTY   Nifty 50 Index
After a strong bullish gap...price reversed and entire day is trading in a bullish channel...
at the end of the session broken the channel and retested...
It has broken the trendline as well...
so tomorrow opening is very important for us...to be bullish or bearish...
If opens down and continue will enter short side on retracement...
or opens down and unable to break high then also be on the short side...
If opens up and gives us retracement will be on buy side...up to 19500 levels...
After down opening if price consolidates mean...break down happens...we have bullish gap left below...
Keep safe
Kommentera:
we may think that exhaustion of buyers in that bullish gap....
Kommentera:
opens exactly at Resistance zone.
Kommentera:
safe before going long...

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