IIT-Trader

Nifty--Consolidation or Bullish??

IIT-Trader Updated   
NSE:NIFTY   Nifty 50 Index
After a strong Bearishness from the supply zone @21700 levels price gives us some retracement to enter again shortside...
If tomorrow price opens up try to be on short side from 21550-21500 levels for targets of 21000 levels.
Liquidity lies above these levels.
If consolidation happens at bottom levels then we have a chance of fallback to the bottom support at 21000 and 20800 levels be tested soon.keep in long from this levels. we have a chance of continuation down side possibility is more,trade with less quantity.
Comment:
price is exactly in the resistance zone....wait for reversal or continuation may happens to 21900 levels...
Comment:
keep book some longs here....
Comment:
Exit from Long positions
Comment:
don't carry any positions....don't know where it goes...

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