Nifty on weekly time frame still not touch the 38.2% FIB level. Possibility it will touch then pull back but this pull back
will not be good as per technical Price action analysis until it hit 50% fib level.
The Nifty futures price opened at 18026.65, making a negative opening of 21.55 points. It has touched an intraday high at 18121 and a day’s low at 17994.75.
The Bank Nifty futures opened at 38477.85, It made a positive opening of 9.5 points today. It has touched an intraday high at 38634.95 and a day’s low at 38180.
Primary Nifty Trend in futures: Positive...
Tails are important for this stock to trade.
Suppose to trade tomorrow 285 above, then buy and hold ( Friday )
Tatasteel TimeCycle and Parallel downward channel.
The price is trading at value low which is better to buy.