nifty in range bound
Nifty will be in range tomorrow because initiative move have made by sellers today.
Nifty is now below Value area so we need to wait and watch for new value area creation or is it going inside previous value area.
Also responsive move will be slow for further up movement.
control price is like gravitational pull. so tomorrow both buyers and sellers can do fight in that area.
Check higher timeframe for confirmation.
Note: This is only for tomorrows view and for study purpose only.
Nifty is now below Value area so we need to wait and watch for new value area creation or is it going inside previous value area.
Also responsive move will be slow for further up movement.
control price is like gravitational pull. so tomorrow both buyers and sellers can do fight in that area.
Check higher timeframe for confirmation.
Note: This is only for tomorrows view and for study purpose only.
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