NIFTY and AVWAP - IN NO TRADE ZONE
Updated
NIFTY is sandwiched between the AVWAP from the SWING HIGH and SWING LOW..
Bulls will say we will breakout and runaway with a GAP
BEARs will say, resistance is too strong and rejection will take place here.. We will Gap Down and move lower..
Being retailers, it is wise to stay out.. wait and watch for the price to give us confirmation.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
Bulls will say we will breakout and runaway with a GAP
BEARs will say, resistance is too strong and rejection will take place here.. We will Gap Down and move lower..
Being retailers, it is wise to stay out.. wait and watch for the price to give us confirmation.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
Trade active
Chart is self explanatory.. Price is sustaining well above the AVWAP from the TOP.. Short Set up is not active yet
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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