Sometimes, We should just observe how beautifully the market works. Reliance Industries 4H Explanation. As we could see. Reliance formed a low on the first green Box, Indicating the first low it made. It hit that zone and made an amazing recovery from there. Why did this happen? That was the high liquidity zone where Institutional traders set their buy...
Be careful, tomorrows opening will guide us where BankNifty wishes to go!
SL of retail traders done, and Liquidity grabbed, however I feel there is much more liquidity to be grabbed before it rockets up. We can take small dip buys here for next week. I will turn bullish.
Nifty 1H Analysis. Looks like we're in a parallel Trend. The Blue Area, is where the liquidity and stoploss lies of retail traders since other wicks too have been made to that region. Market often makes it's way to the higher liquidity region. Be careful trading today. Wait for the initial hours of the market, observe, and then trade. Hope everyone has a good...
BankNifty Update : Looks like bulls have finally come, and these are the important levels to watch out for. Thursday will be a very important day, as bank nifty could go either ways due to the Supreme Court Rule about Idea And Vodafone. BN Facing Resistance near 22000 Zone, This could be observed on Wednesday when BN FUT High was 21999.90 I wouldn't be...
Lets see how this goes. My view on nifty is bearish.
Is BTC Going for the last kiss? up to 11k and above, and then down? JUST AN IDEA, LET'S SEE>
Let's see how it goes. Orange is entry Red is SL Green is Target.
Filled one of my short entries at 9235. Second entry near 9340. Let's see how it goes. Till now following well.