#Nifty #Nifty 50 #banknifty View for today
Nifty is being pulled down by Bank Nifty as I told you earlier. There is also RSI weakness . #Nifty #Banknifty #Nifty50
#spx looks like rally is over. Any close below 3154 this weekend can lead to 3053-2945
This I call as mechanical trading can go either way close of Nifty below HTL at 10.15 bar sl 10401 This trade always start with a trail position and then get enhanced
Sometimes FIBO comes handy in taking a broader view I calculate FIBO based on my lines not based on the usual calculation method High/Low Expect reversal from here One can also apply mean reversion theory View negated if #Nifty sustains above 10460