NIFTY: TIME TO BE CAUTIOUS
As per diametric pattern nifty is at matured stages of this Rally which started from wave f lows.
Now my advice is to Avoid FOMO.
The fall post wave g can be either wave x or start of a bigger downside trend.
The speed of the fall and how violent the reversal is will confirm if a bigger degree downtrend has started.
For us, staying cautious and prepared is always stood as a better strategy than just being complacent.
Now my advice is to Avoid FOMO.
The fall post wave g can be either wave x or start of a bigger downside trend.
The speed of the fall and how violent the reversal is will confirm if a bigger degree downtrend has started.
For us, staying cautious and prepared is always stood as a better strategy than just being complacent.
Trade active
More than 200 points gone from the top.Note
Hope you all are witnesiing the pressure on indices. 22800 to 22500 so far. Book or trail.Trade closed: target reached
22800 to 22520 one nice trade.Trade closed: target reached
2nd target also done 22800 to 22300
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.