Nifty - the fall / correction is losing strength. Positive divergence with inverted bullish hammer formed on demand zone, which is a reversal pattern. Shorts need to keep tight SL in system for sure....Budget day low is absolutely critical and any panic sell off can be below it...
Happy Trading.
Happy Trading.
Trade closed: target reached:
It was a matter of time, the reversal worked out as highlighted in other posts.
Though specifically in this post, the setup didn't got activated due to bad opening next day
Though specifically in this post, the setup didn't got activated due to bad opening next day
