ssen

Nifty touched and go from the strongest support

NSE:NIFTY   Nifty 50 Index
What a crazy day in the market!! Great experience..
Nifty flash crashed in the morning by more than 1000 points in 30 min.. But the 8900 area proved to be the strongest support in the monthly chart of NIfty .
100EMA + Previous swing high + Monthly trendline + 61.8% retracement level
Although I made good money by using long momentum, but will not hold any position overnight in this extreme volatility . It will be wise to wait and watch for some consolidation around 9000-10000 level and let the market decide whether it wants to go down even more or it's time to recover.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out