Nifty : Insider's Inside Bar - Channeling !

NSE:NIFTY   Nifty 50 Index
We have an Inside bar from friday, though the high's n low's of the pattern broke yesterday with wicks many might have taken swing trades and got stopped out in Nifty .It happens, Thats why conservative traders like us who are very aware of risks, wait for valid close of candle. So in Nifty with the GST gonna get passed by tomorrow I expect candle close above or below the marked lines within wednesday to get directional trades in Nifty .
Don't miss out we have channeling also, so if you want to trade channel breakouts, go for it.

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Comment: Solid Down move..hope you guys are enjoying the down ride, check for 8500's ..Nifty may range around that levels


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