Hi Guys,
Just two simple scenario's in Nifty, so the details in the chart repeats :
I see two scenario's or potential formation for long/short trade setups.
(i) If Market opens Gap Down, Nifty can find support in the zone below 8800's n bounce back
(ii) If Market moves up & gives bearish reversal around 8880's we can enter short
(iii) Breaking any of the support/Resistance will determine the direction I believe else another ranging day, which I don't expect it to be.
Just an info for harmonic traders,last week bearish Gartleys target 2 around 8770's.
Happy Trading !
Just two simple scenario's in Nifty, so the details in the chart repeats :
I see two scenario's or potential formation for long/short trade setups.
(i) If Market opens Gap Down, Nifty can find support in the zone below 8800's n bounce back
(ii) If Market moves up & gives bearish reversal around 8880's we can enter short
(iii) Breaking any of the support/Resistance will determine the direction I believe else another ranging day, which I don't expect it to be.
Just an info for harmonic traders,last week bearish Gartleys target 2 around 8770's.
Happy Trading !
Catatan
Until this support zone breaks,play safe. If broken Bears will control the Game !Catatan
The Risky Cypher is Here !
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Publikasi terkait
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.