DOJI, Gravitating value for NIFTY.The price is attracting toward the Gravitating Value side, which is already drawn by "a", "b" and "c" . In the short time of period, how and why price again coming("d")?
At the "d" point, we've got DOJI (price rejection).
x,y, and z are the demand area from where price bounce to the upside.
The following scenario can be considerable,
1) If a price is moving more up, it will not close above 11150 above. 11181 is last rejection area.
2) For downward move, targets 10925-10950 in short term if "d" point confirm.
Expected opening flat and, Intraday R 11148 to 11181 and support 11065-55
