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Sanjan91
Oct 1, 2021 7:42 AM

NIFTY DAY TIMEFRAME ANALYSIS. IMPORTANT ZONE TO BE WATCHED. 

Nifty 50 IndexNSE

Description

The Reciprocal ABCD pattern formed demand zone has been respected by the market until now. See until the day's end, if this zone is broken, then you can expect a major fall.

I will attach a similar idea on the DJI futures chart here. Please look at both of them to make a decision. Don't just carry a short position beyond today's trading session.

Wait for Monday's price action.

Happy trading :)

This is just for educational purposes.

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