Nifty false breakdown

Apr 21, 2023

1. False breakdown of monday candle low, if this was a false breakdown, then we can see price covering up even further in coming days
2. If small risk can be considered we can see new highs
3. Downward channel
4. Risk to reward is 1:3+

Apr 24, 2023

Note

And we have dot to dot Entry and Dot to dot target achieved on Monday itself

If you like the analysis, please do like and share with your friends.

Appreciate your support.