Nifty 50 IndexShort
Nifty broke weekly low - retracement on 17700 !!!
Nifty broke weekly low - retracement on 17700.
Todays volume were higher than previous couple of days.
Vix was high quite high but then only closed 2% up signifying - fall will be slow.
RSI gave indications when markets topped at 18400 levels. Market is missing strength.
ATH may have to wait - 18.6k levels but 1st retracement till 17700 odd levels.
Will strictly follow my levels and take trade.
Keep a strict SL of 30 points.
Also this recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing.
Thank you.
Todays volume were higher than previous couple of days.
Vix was high quite high but then only closed 2% up signifying - fall will be slow.
RSI gave indications when markets topped at 18400 levels. Market is missing strength.
ATH may have to wait - 18.6k levels but 1st retracement till 17700 odd levels.
Will strictly follow my levels and take trade.
Keep a strict SL of 30 points.
Also this recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing.
Thank you.
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