Nifty: Showing consolidation with slight bearishness. Levels[sell below 16500] [buy above 17500].
Note: Many are arguing this is bottom. We trade what we see not what we feel.
Market has already given very good returns. so if it correct some more than it should not be a surprise.
BankNifty: Showing bearish sign on monthly chart. Sell below 35500.
Note: market recovered after sudden fall. We do not buy on first signal. Let it make W pattern. By probability 60-70% time first buying signal becomes failure.
Note: Many are arguing this is bottom. We trade what we see not what we feel.
Market has already given very good returns. so if it correct some more than it should not be a surprise.
BankNifty: Showing bearish sign on monthly chart. Sell below 35500.
Note: market recovered after sudden fall. We do not buy on first signal. Let it make W pattern. By probability 60-70% time first buying signal becomes failure.
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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.