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jac001

Insights: Are we going further Down today? Share your thoughts

Short
Nifty 50 Index (NSE:NIFTY)  
jac001 Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis
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trendanalysis
NIFTY Are we going further Down today? Share your thoughts

Insights:
Open: Small gapUp 50-65 pts then followed by retesting the previous low if broken we can see further low till 21465, if not will retest the previous high. Unlikely to break the previous high as overall looks Bearish.

Follow strict stop loss.
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Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
Comment:
So far looks good on track....
Next stop...
1. Retest today open---Rejection or Break?
2. Retest today high---Rejection or Break?
3. Retest trendline---Rejection or Break?
4. Retest previous open---Rejection or Break?
5. Retest previous high---Rejection or Break?
Trade closed: target reached:
Good day today...As planned it broke previous low and on the reverse tried to retest the trend line after breaking todays high.
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