Nifty Plan :
Price may reverse from this DZ & may go to the extreme. This level is responsible to break previous ATH & Also the Weekly & Monthly trend is up which would take the price to the extreme.
Target 1 will be till DEMA
Target 2 will be till the DSZ
Target 3 will be the extreme.
Shorts :
On a weekly chart a novice followed by the pro happened which opens up counter trading. A TCP formed at the daily level which received confirmation after the breach of 2 DZ.
hence the lower SZ may give short 1:1 DIT trade as price likely travel to the extreme. However only after 15min confirmation & RR is available.
For Shorts SL would be above the turning point.
Price may reverse from this DZ & may go to the extreme. This level is responsible to break previous ATH & Also the Weekly & Monthly trend is up which would take the price to the extreme.
Target 1 will be till DEMA
Target 2 will be till the DSZ
Target 3 will be the extreme.
Shorts :
On a weekly chart a novice followed by the pro happened which opens up counter trading. A TCP formed at the daily level which received confirmation after the breach of 2 DZ.
hence the lower SZ may give short 1:1 DIT trade as price likely travel to the extreme. However only after 15min confirmation & RR is available.
For Shorts SL would be above the turning point.
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.