The trend Line shows
The Resistance is evident and so is the divergent trend line. Check the support time coinciding with the election results. Short-sell Nifty Futures on the horizon.
Note
Long Legged Doji! So the market is confused. It could be that the time is coming for a turnaround, but beware, still more sellers than buyers. Wait for a positive movement before going long. Don't expect fireworks before the election results.Note
I guess after the Exit Polls it will be pandemonium on Monday. Please beware the volatility and do not get greedy.
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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.