Nifty is having some pattern disorder!!
Hey Everyone,
As you can see, there are multiple patterns emerging in Nifty (previous a flag which I believe failed badly). Additionally, in my understanding things are not looking so good because of liquidity issue. US Fed is reducing the liquidity which in time will make a serious impact. The infuse liquidity can double the market then taking that back would surely hurt the market and force correction.
Nevertheless, keep trading with SL and be wise.
Sometimes we should learn how to stay away from markets.
- An investment idea for long term;
- Not SEBI registered, just shared my view for discussion purposes;
- Trade with proper caution, the profit and loss both are yours; and
- If possible, discuss with professional before you a trade.
As you can see, there are multiple patterns emerging in Nifty (previous a flag which I believe failed badly). Additionally, in my understanding things are not looking so good because of liquidity issue. US Fed is reducing the liquidity which in time will make a serious impact. The infuse liquidity can double the market then taking that back would surely hurt the market and force correction.
Nevertheless, keep trading with SL and be wise.
Sometimes we should learn how to stay away from markets.
- An investment idea for long term;
- Not SEBI registered, just shared my view for discussion purposes;
- Trade with proper caution, the profit and loss both are yours; and
- If possible, discuss with professional before you a trade.
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