NIFTY CONSOLIDATING - QUICK SNAPSHOT
Updated
The above posted chart is a preview or quick snap shot of markets movements for past couple of days for retail traders to get some alignment with market and make inform decision by taking following factors in consideration
1. Showed GAP UP
2. Bearish Trending Channel GAP Down
3. Consolidation between 8745 -8690
Now, looking forward for a breakout from either side of the current consoliadtion.
1. Showed GAP UP
2. Bearish Trending Channel GAP Down
3. Consolidation between 8745 -8690
Now, looking forward for a breakout from either side of the current consoliadtion.
Trade active
Nifty breaking out from consolidationTrade closed: target reached
Target achieved as previous gap is now filled. Now look for shorting it.
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