Nifty on daily chart - Short

Par debdeeps
Mis à jour
Nifty daily chart as per ICT prospective:
For swing trading prospective Nifty is in downtrend on daily chart and will face tough resistance in the zone of 19550 till 19900. Hence while Nifty is in 19550-19900 expect consolidation and bias towards down. The long term trend would turn positive ONLY above 19900. Till that time it is sell on rise.
Transaction en cours
snapshot
Nifty Short term target 19300.
Commentaire
snapshot
Failure of breaking 19300 could bring 20000, though chances are less till we are below 19650.
Commentaire
Nifty currently trading at 19300. Nifty needs a daily close below it for a smooth down ride else we can expect a bounce from here.
Transaction en cours
Nifty Needs a close below yesterday low 19317 before moving to 19250.
Transaction en cours
snapshot
Nifty currently trading around 19300. So until it closes below 19300 or breaks below 19250 bigger fall can not happen. Breaking below 19250 can take it down to 18900 levels.
Transaction en cours
snapshot
The whole month Nifty spend time in this marked range. Holding shorts in Nifty needs a lot of patience and discipline. :) Breaking and closing outside of this range can pay off well. For now Shorts looks more favorable than Longs.
Beyond Technical Analysisictictconceptsictfvgicttradingniftyoutlookniftypredictionniftytradesetupniftytrendniftyview
debdeeps

Clause de non-responsabilité