I had share with you live trade setup on Friday after 200 point gap down opening. Please have a look to that chart and you will understand , how we adjust our trade and view. Monady i will continue with Sell on rise strategy till nifty trade below 14700-14750. Level mention on Chart.
If you have any question regarding setup or Nifty ,Please message me .
NIfty showing weakness as RSI break 50 level and close below. PCR 1.66. now nifty is become sell on rise mode, if move up to 14720-60 can short as considerable OI seen at 14800 to 14900 levels , so most difficult to cross above 14800.
In this weakness nifty may come down up to 13921-14010 level soons.
13921-14020 is most important level for bounce and reversal, One time bounce must come here.
intermediate levels for bounce 14292 near.
In this weakness nifty may come down up to 13921-14010 level soons.
13921-14020 is most important level for bounce and reversal, One time bounce must come here.
intermediate levels for bounce 14292 near.