A Strong impulse wave is identified in NIFTY.
Wait for the corrective wave to continue its direction or reversal.
After corrective wave will decide further direction of NIFTY.
Now it is at Resistance zone.
will see tomorrow outside bearish candle or Outside bullish candle forms.
Because liquidity lies on both sides.
Until price breaks the 21800 levels no short side view.
Wait for the corrective wave to continue its direction or reversal.
After corrective wave will decide further direction of NIFTY.
Now it is at Resistance zone.
will see tomorrow outside bearish candle or Outside bullish candle forms.
Because liquidity lies on both sides.
Until price breaks the 21800 levels no short side view.
Note
price is now exactly at resistance peak point.Note
it is confirming that Bearish sign...pin bar at Resistance Zone.Note
wait for complete turnNote
this is the place ...for U turn....keep safe....SL hunt done for sellers...
Note
If the zone failed to push the price upside....fall till 2196-21920 levels...lot of liquidity lies below it.
Note
price is now at crucial resistance zone...if this break and retest will enter longside...or
If price gives us any reversal will look for shhort side.
Note
consolidation--break above resistance--no continuation look for sellNote
consolidation Downside manipulation chance keep safe.
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**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--
" i am a IT-Trader "
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.