The4HourInvestor

The4HourInvestor

Bank Nifty took support on 61% retracement level. 61% is considered as golden number in fab series. Low of today need to be onsidered as important support. Lets see where market goes tomorrow. In case you are candel stick fan, you can see today BNF formed spinning top. important to see next move.

The4HourInvestor Updated 

Nifty50 is forming CPI(Change in Polarity) chart Pattern. Which Indicated a long view in nifty. Buy position can be formed with proper risk management with swing low as stoploss.

The4HourInvestor Updated 

At current level log trade can be initiated. Nifty has formed a higher bottom structure. Swing low can be stoploss for the long possition.