17, 18 May 2024 - Nifty looks strong, bullish tone continues...
There are a few changes to my daily postmortem report. After I started the MFD business, not getting enough time to write a detailed technical report daily.
Thought I would send the reports every day on Thursdays after the Nifty's expiry. The detailed analysis and the 4mts, 16mts, 63mts chart will be explained on my personal blog as well.
Here on Tradingview, I will continue to post daily with just the direction and a brief one-liner. You can always contact me if you need more explanation or synthesis.
17th may - Nifty defends 22295 but is unable to break 22519. Stance is still bullish.
18th may - 11.07 candle has a long tail, that went up to 22051 - quite strange though.
Targets for Monday - bullish with 22519 to be taken out. Stance will revise to neutral if 22295 is broken
Thought I would send the reports every day on Thursdays after the Nifty's expiry. The detailed analysis and the 4mts, 16mts, 63mts chart will be explained on my personal blog as well.
Here on Tradingview, I will continue to post daily with just the direction and a brief one-liner. You can always contact me if you need more explanation or synthesis.
17th may - Nifty defends 22295 but is unable to break 22519. Stance is still bullish.
18th may - 11.07 candle has a long tail, that went up to 22051 - quite strange though.
Targets for Monday - bullish with 22519 to be taken out. Stance will revise to neutral if 22295 is broken