FIROZMANIA

North Korea sends Markets South - #NewsTrading #NIFTY

Short
NSE:NIFTY   Indice NIFTY 50
Just In - NORTH KOREA could test a hydrogen bomb in Pacific Ocean, the country’s foreign minister has reportedly warned.

News trading is one of the important skills a trader must possess and capitalize on.
With all those detonating news and the cold war going on between the heads of both the U.S & North Korea is putting markets under tremendous pressure in such a case technical analysis become a tad bit less important and the fundamentals take the upper hand.
Look for the resistance and sell should be the basic strategy over here.
As mentioned yesterday if Nifty closes below 10086 then that would be a signal of further downfall in the market.
Keep an eye.


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.