NIFTY
After breaking channel Nifty retraced to 23% from all time high.
Today it created inverted hammer pattern which is a bearish reversal pattern.
Also there is considerable position in 11500 PUT so if Nifty starts trading above 510 one can go long.
After breaking channel Nifty retraced to 23% from all time high.
Today it created inverted hammer pattern which is a bearish reversal pattern.
Also there is considerable position in 11500 PUT so if Nifty starts trading above 510 one can go long.