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NaveenTTR
Apr 3, 2024 4:42 AM

NIFTY MONTHLY BAT PATTERN OR HALF M PATTERN (Condition apply)*  Short

Nifty 50 IndexNSE

Description

The market (NIFTY50) is currently trading at 22436. However, it's important not to blindly follow the buy or call side under the yellow box, as it signifies a sideways zone. For the past two days, I've observed a sideways market with premiums not showing significant increases.

Here are the levels and analysis for the NIFTY Monthly Future Traders:

Once the 22400-440 Level breaks then the Market will go towards the 21900 Level again.
If it sustains 22000 then also no big issue.


Note: Selling side momentum can be captured effectively as selling often yields better results than buying. However, it's crucial not to be biased towards any side. Wait for a level break and then align with the market. The market will consistently provide favorable outcomes, whether in terms of profit or learning.

Trade closed: target reached

Target Achieved. Got 700 Points Fall from 22500 to 21800
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