rrajesh145

Nifty trend reversal

NSE:NIFTY   Nifty 50 Index
Nifty trend reversal - All the findings are marked on charts . Kindly check the points mentioned .
Comment: 1.Traders who took position can trail SL to cost price. Moved around 300 points from the demand zone . Lets see how far its moving higher .
2. Traders who didn't take position - Nifty formed Higher value CPR for tomorrow ( 27/10/2021) , if price sustain above CPR its good to take long position
Trade closed manually: Traders who took position got 300 but after that it got reversed . Trend is considered as reversal as demand zone is breached