Nifty's one way up from 7500 levels to current levels. Currently, it is probably forming a double top pattern. Hence, the change in trend is evident. In coming months, we may see big dip in nifty for any reason that the maret may have to provide.
Make your strategy accordingly.
Make your strategy accordingly.
Trade active:
Trade nifty on sell side.
We are entering the corrective phase in the market.
We are entering the corrective phase in the market.
Trade closed: target reached:
TGT of nifty double top pattern achieved. Correction in the market is nearly over. The market may look for rebound and change of trend from hereon.
The buyers market may emerge. Higher highs and lower lows to be observed from now on. If the market gives HH & HL, buy the dips!! For now let's wait for the market to show the further momentum.
If the market still does not sustain, probably a last dip towards 15500 may not be ruled out. However, the chances are slim as it seems. Fingers crossed.... Happy trading all.
This call is hereby closed.
The buyers market may emerge. Higher highs and lower lows to be observed from now on. If the market gives HH & HL, buy the dips!! For now let's wait for the market to show the further momentum.
If the market still does not sustain, probably a last dip towards 15500 may not be ruled out. However, the chances are slim as it seems. Fingers crossed.... Happy trading all.
This call is hereby closed.
Related Ideas
NIFTY 50
amansingh726
about NIFTY