Past 5 months were sell on rise, not sell the breakdown.
The risk is timing. Price range of 17599 to 17770 is like a check post for Nifty. Stop, wait, move ahead or return back. It has been seen multiple times since Sep 21. Price Stops, waits here for new traders and then moves.
Hence, retesting is a way to participate in such aggressive moves.
The risk is timing. Price range of 17599 to 17770 is like a check post for Nifty. Stop, wait, move ahead or return back. It has been seen multiple times since Sep 21. Price Stops, waits here for new traders and then moves.
Hence, retesting is a way to participate in such aggressive moves.
