Nifty 50's last hurdle.
Diupdate
Nifty 50 is at all time high but breaking 16055 will be crucial for a major rally on the upside. The crab pattern's terminal price bar is placed at 16055.
If Nifty reverses from here, as it is a bearish crab pattern, it could go on to test 15850-15800 levels. Below these levels could see another downside fall.
Don't go short at 16055 immediately, the stoploss hunt for crab pattern will be at fib level 2 i.e, around 16105.
Can go long above 16105 for a fool proof rally.
If Nifty reverses from here, as it is a bearish crab pattern, it could go on to test 15850-15800 levels. Below these levels could see another downside fall.
Don't go short at 16055 immediately, the stoploss hunt for crab pattern will be at fib level 2 i.e, around 16105.
Can go long above 16105 for a fool proof rally.
Trading ditutup: stop tercapai
Huge short covering came after 16055 lvl
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.