If nifty opens sideways and breaks downward than we can sell in full quantity on breakout. If nifty opens gapdown then reduce some quantity and sell on lower side breakout of 5 min candle if nifty opens gapup then no trade
In the short Nifty looks little indecisive. I the medium term Nifty looks solid. Couple of Dojis after cup and Handle Break Out for NIFTY indicates some tussle between Bulls and Bears. Where Bulls have managed to or are trying to free Nifty from a two year consolidation phase where Nifty was mostly between 16000 and 18000. At the same time Bears are trying that...
1. 18320 if nifty crosses this level after opening sideways than we can enter to buy in full 2. if nifty opened with gapdown then we will see price action- if after 5 min it makes hammer and crosses we will buy it 3. if nifty opened gapup then we will wait for 5 min candle on lower side for gap filling - we could buy if market makes some bullish pattern by taking...
NIFTY Supply and demand zone for tomorrow Red Zone are strong resistance and green zone are support. All levels are important so please check all level on chart