NIFTY--Liquidity lies @Double Bottom??
Diupdate
Nifty index is showing straight forward bullishness from the keylevel From BASE high.
Price observed a rally base rally from 21500 levels to 22500 levels.
Trendline is also acts as support,to push the price.
Now A Lot of liquidity is lies below the trendline and as well as below the double bottom levels at 21800 levels,and also we have a strong demand zone lies at 21700 levels.Price has to test these levels again for further move in Nifty INDEX.
Will update all the information accordingly to reach for these levels.
Price observed a rally base rally from 21500 levels to 22500 levels.
Trendline is also acts as support,to push the price.
Now A Lot of liquidity is lies below the trendline and as well as below the double bottom levels at 21800 levels,and also we have a strong demand zone lies at 21700 levels.Price has to test these levels again for further move in Nifty INDEX.
Will update all the information accordingly to reach for these levels.
Catatan
price is ready to move again...keep safe.Catatan
this is the place again fast moves occur...Catatan
price also golden zone...keep safe before shortCatatan
still above the golden zone.Catatan
it might be drop base drop.Catatan
wait until the base to push higher...Catatan
more liquidity lies below. keep safe before long again.Catatan
If possible look for bearish from this side.Catatan
Some times again takes the topside liquidity and again falls back.Catatan
base is already pushes the price previously...but this time probably not...so targets are base high,
and liquidity below base high
and 50% of base.
Catatan
head and shoulders as well...pls wait for the price to tap into this area.... otherwise they will take it topside.
Catatan
price enters into the area of resistance...wait for the price to clears the trendline liquidity and fails to move up again. then will go for shortside.Catatan
trendline liquidity done...its time to think for bullish or bearish.Trading ditutup: target tercapai
Target1 done at base HighTrading ditutup: target tercapai
Target 2 at ,Liquidity Below Base is done...Trading ditutup: target tercapai
Target 3 is done....close longs for now...
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