abhijitgujarathi15

Nifty Simple Charting!!!

Short
NSE:NIFTY   Nifty 50 Index
Bears have controlled the market since the budget was declared. The gap up during the exit poll has also been filled. At this point the Nifty is stuck in a range what we also know as a Mousetrap. This trap levels are : 11426 - 11260. We haven't seen a strong candle formation at the top or bottom of the trap levels. Now a break down below these levels with a real strong marubozu candle can show till the demand zone 11145 till 11109. Lets see what happens next!!!

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