Automated liquidation activity near all-time high levels in the AU Small Finance Bank.
As per my swing indicator, all major index components (Big 5) appear to be peaking, signalling a possible 1000-point pullback in Nifty. This analysis presents a compelling opportunity for traders to consider re-entry around the 20300 level. #Nifty #Banknifty
- Nifty's Recent Performance: - Nifty has shown a strong upward trend since September 1st, 20220. - Anticipating a Pause: - Expecting a Brief Pullback: There's a possibility of a small pullback or consolidation in the near term. - ATR-Based Signals: Historically, this pullback coincides with signals from my custom ATR-based study. - Looking at the...