#nifty50
1. Daily Chart
Opens with a slight gap
Did not sustain
Closed near day's low
Formed Bear Candle
Expectation for tomorrow
Gap down or flat opening
Sell on rise
Resistance @ 18400-18420
2. Hourly Chart
LL, LH structure.
Immediate resistance 18260 - 18300.
Sell on Rise
If we see a pull in the initial hour, watch for a sell signal near resistance.
There is a possibility that we might not see a pullback tomorrow,
1. Daily Chart
Opens with a slight gap
Did not sustain
Closed near day's low
Formed Bear Candle
Expectation for tomorrow
Gap down or flat opening
Sell on rise
Resistance @ 18400-18420
2. Hourly Chart
LL, LH structure.
Immediate resistance 18260 - 18300.
Sell on Rise
If we see a pull in the initial hour, watch for a sell signal near resistance.
There is a possibility that we might not see a pullback tomorrow,
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.