Nifty Bearish - lower low formation in daily 22 sep 2020
Nifty is reacting from all time monthly supply and with large red candle in daily its forming LOWER LOW.
So, my view will be bearish for next few week
note: I will change my view only once lower low formation is paused or it started to making any higher low.
Nifty is reacting from all time monthly supply and with large red candle in daily its forming LOWER LOW.
So, my view will be bearish for next few week
note: I will change my view only once lower low formation is paused or it started to making any higher low.
Trade closed: stop reached
dropped further one daily as expected...but as the drop was extended , it bounced off breaking each daily supply
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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.