IS NIFTY ON THE VERGE OF BREAK DOWN SIDE OR UP LETS FIND OUT!!
TRADING PLAN FOR NEXT DAY.
1. CANDLES IN RED CIRCLE ARE RELUCTANT TO TAKE PRICE OUT FROM RED AND WHITE ZONE FOR LAST 5 DAYS. TODAY PRICE CAME DOWN BELOW RED LOWER END OF ZONE BUT BULLS CONTROLED IT.
2. TOMMOROW IF THEY ARE STRONG THEN PRICE WILL CROSS THE GREEN RSISTANCE LINE AND WILL NOT CLOSE BELOW THIS. ON THE CONTRARY IF PRICE AFTER BREACHING GREEN LINE COMES BACK BELOW IN 3O MIN , THEN CHANCES TO MOVE DOWN WILL INCREASE.
3. REASONS WHY NIFTY IS HOLDING THIS ZONE HAS ALREADY BEEN SHARED IN LAST TWO POSTS. IF NEW READERS WANT TO KNOW PL SEE LAST TWO POSTS.
4. IN ANY CASE PRICE BREAK LOW OF TODAY CANDLE THEN YOU CAN SEE PRICE MOVING TO PINK SUPPORT AT 8800. WHERE SHORTS SHOULD BE BOOKED. ON OTHERSIDE IF GREEN LINE CONDITION MENTIONED ABOVE IS SATISFIED THEN LONG CAN BE CREATED . MEANS PRICE ON BREACHING GREEN RESISTANCE DO NOT COME BACK IN 30 MIN THEN EXIT FROM SHORTS.
5. TOMORROW MAY BE RANGE BOUND TRADE IN NITY TRAPPING BOTH SIDES. REST MARKET WILL DECIDE.
YOGESH VATS
1. CANDLES IN RED CIRCLE ARE RELUCTANT TO TAKE PRICE OUT FROM RED AND WHITE ZONE FOR LAST 5 DAYS. TODAY PRICE CAME DOWN BELOW RED LOWER END OF ZONE BUT BULLS CONTROLED IT.
2. TOMMOROW IF THEY ARE STRONG THEN PRICE WILL CROSS THE GREEN RSISTANCE LINE AND WILL NOT CLOSE BELOW THIS. ON THE CONTRARY IF PRICE AFTER BREACHING GREEN LINE COMES BACK BELOW IN 3O MIN , THEN CHANCES TO MOVE DOWN WILL INCREASE.
3. REASONS WHY NIFTY IS HOLDING THIS ZONE HAS ALREADY BEEN SHARED IN LAST TWO POSTS. IF NEW READERS WANT TO KNOW PL SEE LAST TWO POSTS.
4. IN ANY CASE PRICE BREAK LOW OF TODAY CANDLE THEN YOU CAN SEE PRICE MOVING TO PINK SUPPORT AT 8800. WHERE SHORTS SHOULD BE BOOKED. ON OTHERSIDE IF GREEN LINE CONDITION MENTIONED ABOVE IS SATISFIED THEN LONG CAN BE CREATED . MEANS PRICE ON BREACHING GREEN RESISTANCE DO NOT COME BACK IN 30 MIN THEN EXIT FROM SHORTS.
5. TOMORROW MAY BE RANGE BOUND TRADE IN NITY TRAPPING BOTH SIDES. REST MARKET WILL DECIDE.
YOGESH VATS
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