NIFTY TREND NOW
TREND - unable to break the downward Monthly and Daily TL
PRESENT ZONE- Inside S 2.New 1 HR Supply zone formed today
FORECAST -as per ZONE
Must go above the SUPPLY ZONE 2 first.Then Must go above the New 1 HR Supply zone formed today.
If not may go to D1.
MY TAKE
Even a gap up yesterday could not make it up.Also S2 not yet crossed covincingly.
Many supply zones,TL's some grinding with downward bias expected
PRESENT ZONE- Inside S 2.New 1 HR Supply zone formed today
FORECAST -as per ZONE
Must go above the SUPPLY ZONE 2 first.Then Must go above the New 1 HR Supply zone formed today.
If not may go to D1.
MY TAKE
Even a gap up yesterday could not make it up.Also S2 not yet crossed covincingly.
Many supply zones,TL's some grinding with downward bias expected
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