Dont Short Nifty Dont go Long in Nifty.
Diupdate
Only Nifty is Long if it closing above 16624 daily Charts.
Only short Nifty if it closing above 15672 daily Charts.
Other wise Let it dance between these 2 Levels.
Nifty already tested 16400 4 times & if it keep on getting rejection from these level then it may start losing strength .
Dow Jones already 20% less ( Means Bearish Trend ) from itrs recent High. So plz be cautious .
Follow the levels .
Only short Nifty if it closing above 15672 daily Charts.
Other wise Let it dance between these 2 Levels.
Nifty already tested 16400 4 times & if it keep on getting rejection from these level then it may start losing strength .
Dow Jones already 20% less ( Means Bearish Trend ) from itrs recent High. So plz be cautious .
Follow the levels .
Catatan
SGX Nifty getting same resistance 16380 ( Near 16400 )Catatan
See Today it got Reversed from the same resistance zone . There is also trendline resistance near 16500.
Hope it helped.
Catatan
Now as we can see Nifty is giving closing above 16624 on daily charts.All indexes SGX , DowJones , NSDAQ etc looking good.
We can go long in Nifty.
Catatan
Nifty is trying to Break the Weekley trendline & also trying to retest the Channel .If give closing on daily charts below 16400 , then become Bearish otherwise Bullish is intact.
Catatan
Only Nifty is Long if it closing above 16624 daily Charts .Trading ditutup: target tercapai
I think Nifty is closing below 15728 daily Charts .Now Nifty is not Long.
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