yvatsji

WHY PRICE AFTER YESTERDAY FALL NOT MOVED FURTHER?

NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Hi Traders,
This post shows the manifestation of the move precisely in such a way that downside support was the only support in from of halt 1 with clear mention of price action in trading idea to trade nifty posted yesterday evening on the community tab in fig you can match the point. 1 of the idea depicted this price action perfectly. Below is a trade idea to trade nifty posted yesterday.

Trade Idea of Nifty For 25-11-21

1. Halt No.1 is breached in opening and does not recover in the same candle then all positional long exits. If this price action happens then the downtrend is continued further.

2. On the contrary, If halt 1 is intact and in 1 hr. you see buying then the uptrend will resume and the bottom is made.

3. After taking out zone 1 you can open positional longs. Tomorrow opening and first one hr will decide regarding this trend which is prevailing for two weeks.

Yogesh Vats


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.