WILYTRADER2020

NIFTY MOVEMENT POSSIBILITY

NSE:NIFTY   Nifty 50 Index
IT MAY BE A TRAP AND MAY FALL DIRECTLY AS SHOWN WITH RED ARROW OR GO UP TILL GREEN LINE AND MOVE AS SHOWN WITH GREEN ARROWS TODAY IS WEEKLY EXPIRY IT MAY BE VOLATILE
Comment: at resistance now let it breach
Comment: let candle be closed above green line else it may fall

Comments

Volatility would be there but I don't understand the trap thing, 12150 Resistance was broken
Bullish Momentum is high and Max Pain is at 12200
Reply
WILYTRADER2020 Prem_Agrawal
@Prem_Agrawal, many times candle goes above trendlines but closes actually below them making doji candles lets wait n watch
Reply
Prem_Agrawal WILYTRADER2020
@WILYTRADER2020, Yeah I have given them special nicknames " Fake Out"
Lets See
Reply
WILYTRADER2020 Prem_Agrawal
Reply
WILYTRADER2020 Prem_Agrawal
this is where retailer is trapped @Prem_Agrawal,
Reply
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