Bank Nifty Update for Tomorrow |
Updated
I expect to see a retracement or pullback. Heavy selling can take place after the completion of Pullback.
We can have a range day or Bear Trend Day tomorrow. Nifty looks like to test 21000 on higher time frame.
I expect to take Short positions after pullback.
We can have a range day or Bear Trend Day tomorrow. Nifty looks like to test 21000 on higher time frame.
I expect to take Short positions after pullback.
Note
Tight Channel. Breakout on 1H Chart. Expecting it to show some retracement. Breaking above White Line will launch a test to MA. Very unlikely to see straight Bear BO to 21000.
Note
Range Day Today. Note
More Explanatory Idea has been updated on other chart. You can see it by clicking on the chart below.
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