Just a Thought: Not for Trading Purpose
Speculation based on Past trends,
It may not be true because every time scenario was different but looking at current trends and the proportionate fall and retracement in nifty across Dot-Com Bubble Brust, 2008 - 09 Recession.
If nifty follows this trend, this scenario cannot be neglected.
Please check Analysis...
3 DOJI ON DAILY CHART IN ASCENDANCE , THAT MEANS A BULLISH UPTHRUST CAN HAPPEN ANYTIME , BUT I M AGAIN VERY MUCH CONFIDENT OF FINAL FRONTIER RESISTANCE OF 9975-10100 ZONE , ITS A PRIME SHORTING ZONE FOR A NEW LOW IN THE NEXT (MAY) MONTH .
SO LONG NOW TILL 9970 & SHORT ABOVE IT.
Hello everyone, first of all, thank you for all the support and comments. It's not possible to reply to everybody's private messages, so in case I am late or couldn't give a reply, please do not mind.
Coming to analysis :-
The chart looks bearish and once it breaks the box/consolidation phase, then we can see further fall towards the median line of 2nd...
Trading is a lifetime skillset, achieve it by gaining the right experience.
Depending on Multiple indicators are just like learning shortcuts without understanding the right concept.
Price action is a subset of the volume and Demand for interest for buying/selling
Market Internals/Breadth tools help you to see the truth behind the price moves. They give you a...
Becoming a better day trader requires that you not only focus on textbook knowledge but also yourself. This is why it is so important to put some focus on trading psychology.
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