Well, I don't get better title than that :) So we have 3 scenario's for the day in Nifty.
(i) Bearish Bat (15 mins) if completed - potential short trade on Nifty. Will be over by today or 2mrw.
(ii) Bearish Crab the pink leg - If NIfty decides to move up expect crab completion and down move.
(iii) If Retest of upper resistance zone happens look for trades based on price action
Even a pullback to 8620-30's possible and lets see what happens there.
Well, pre-market @ 8666 so if it moves down right at open that will be an awesome bearish bat, Lets see whether it forms as Bat or Crab. Plan your trade after analysis :)
By the way are you guys interested to know numbers for September series which ended last week ? Feel free to comment below...
(i) Bearish Bat (15 mins) if completed - potential short trade on Nifty. Will be over by today or 2mrw.
(ii) Bearish Crab the pink leg - If NIfty decides to move up expect crab completion and down move.
(iii) If Retest of upper resistance zone happens look for trades based on price action
Even a pullback to 8620-30's possible and lets see what happens there.
Well, pre-market @ 8666 so if it moves down right at open that will be an awesome bearish bat, Lets see whether it forms as Bat or Crab. Plan your trade after analysis :)
By the way are you guys interested to know numbers for September series which ended last week ? Feel free to comment below...
Comment:
Both Intra setup gone... Part of Game !
Comment:
On valid bearish confirmation and break of 8690's shorting chances going to open up. Check with your plans :)
