Nifty : no position yet

NSE:NIFTY   Nifty 50 Index
102 2
Although Nifty is moving in downward channel , taking a short/long position now will be a bit risky.
Monday i.e 24th closing will decide the trend
you both sir great analysis/regards
According to Gann argument 2 filed attempts to break the resistance line ( double top) third one is a fair chance to break out that is why professionals never short in triple top the fourth one is almost sure more than 90 % so you are heading for a break out.that is invalidating your red arrow have only less than 10%.So my opinion is go long
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out