nifty analysis for coming days 23/07/2023 nifty analysis trend analysis short term targets
in this video i tried explaining why not to anticipate short before market gives u proper signal. hit like if u understood.
after a strong upmove price went in consolidation phase testing support multiple times and testing resistance twice. Weekly closing is at lowest level and weekly candle is a piercing reversal pattern. Reversal here means a short term pause not a trend reversal.
gaps are essential in identifying tops most of time u will see a reversal comes after forming gaps
nifty public view expiry special Trading view doesnt allow me to post without long description so writing this as long description.