We are near last month low, even though last week nifty did good fall.
The retrace happend all the way to the high of previous candle, and got rejected.
Last month low is 24,473
Current low for this month is 24,806.
If the negative bias continues next level can last month low.
We have 4 more days of trading with expiry on 31st.
25130 is another pull back zone for this week, if buyers want to push market.
Basically sell on raise is my plan with reasonable SL.
The retrace happend all the way to the high of previous candle, and got rejected.
Last month low is 24,473
Current low for this month is 24,806.
If the negative bias continues next level can last month low.
We have 4 more days of trading with expiry on 31st.
25130 is another pull back zone for this week, if buyers want to push market.
Basically sell on raise is my plan with reasonable SL.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.