Nifty--Consolidation or Bullish??
Updated
After a strong Bearishness from the supply zone @21700 levels price gives us some retracement to enter again shortside...
If tomorrow price opens up try to be on short side from 21550-21500 levels for targets of 21000 levels.
Liquidity lies above these levels.
If consolidation happens at bottom levels then we have a chance of fallback to the bottom support at 21000 and 20800 levels be tested soon.keep in long from this levels. we have a chance of continuation down side possibility is more,trade with less quantity.
If tomorrow price opens up try to be on short side from 21550-21500 levels for targets of 21000 levels.
Liquidity lies above these levels.
If consolidation happens at bottom levels then we have a chance of fallback to the bottom support at 21000 and 20800 levels be tested soon.keep in long from this levels. we have a chance of continuation down side possibility is more,trade with less quantity.
Note
price is exactly in the resistance zone....wait for reversal or continuation may happens to 21900 levels...Note
keep book some longs here....Note
Exit from Long positionsNote
don't carry any positions....don't know where it goes...
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