Nifty 50 Sell Setup
Hi every one,
As per my previous post there is possibility Nifty will touch the 10150 level and reversal is possible. Yesterday Nifty touch that level and hold on the resistance zone. Still reversal is possible on this resistance zone, Wait upto today close and enter short target around August low.
As per my previous post there is possibility Nifty will touch the 10150 level and reversal is possible. Yesterday Nifty touch that level and hold on the resistance zone. Still reversal is possible on this resistance zone, Wait upto today close and enter short target around August low.
Note
NIFTY rejected by 10150 for two days, possible top formed. Looking for impulse downside to complete the pattern.Note
50 points drop... as i mentioned yesterday top formed, today we got first leg impulse wave... further downside possible...Note
today 100 points drop.. sellers continue to hold upto AUG low...Note
another 100 points down...Note
As i expected Nifty fell to nearly AUG low... may be tomorrow we can short term bottoming action...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.