Nifty Structural Idea

NSE:NIFTY   Nifty 50 Index
Possibility of Structure


You think this shit work? Today live scam happened and no one care..
+1 Reply
hahaha lelo babji ka thullu, i rode the wave of panic short-covering in BN and Nifty till15000
@Kakerot, this is not trade. a perception - and it crossed yesterday high to form swing bottom. a pullback towards the horizontal line on top could happen. The position is always evaluated on routine basis. the above chart is daily chart and not intra-day chart. intra-day long was always open today from morning as it traded above the open and also above previous day close. Initial intra-day rally already witnessed to R1 and above. It hit R1 14834 and fell to 14754 as market open after 3.30 crossed yesterday high and long opened up. the horizontal line 15246 and practically-15024. Trend is important and it was just a possible. Overall market is in higher top and higher bottom formation. Correction to earlier peak was tested and 38.2% retracement was already tested. Further gap at lower levels. Did not violated friday low. Yesterday was harami therefore the stop loss was brought down to yesterday high. During live intra-day 5 min long were in place.
artiblossom hitendravasudeo
@hitendravasudeo, I totally agree
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