#NIFTY View for 15/10/2019
Mis à jour
Today it was a range bound day, not much move.
On Daily chart Nifty has formed a Doji kind of candle, but as there is no trend and it is in the middle then it is not worth to think about it.
So what next?
Tomorrow I am expecting a bullish day by looking at the market structure and structure is higher high and higher low. Above 11430 I am looking to buy, but there are lot of hurdles and nifty has to cross these to move up.
Today it has formed a bullish channel on 15 min chart which depict the higher-high and higher-low structure, if nifty move between this channel then it will move up but the momentum will be slow. .
Disclaimer- This is only view not recommendation.
On Daily chart Nifty has formed a Doji kind of candle, but as there is no trend and it is in the middle then it is not worth to think about it.
So what next?
Tomorrow I am expecting a bullish day by looking at the market structure and structure is higher high and higher low. Above 11430 I am looking to buy, but there are lot of hurdles and nifty has to cross these to move up.
Today it has formed a bullish channel on 15 min chart which depict the higher-high and higher-low structure, if nifty move between this channel then it will move up but the momentum will be slow. .
Disclaimer- This is only view not recommendation.
Note
NIfty moved up as expected.Trade fermée manuellement
As we have reached the levels.
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