Nifty closed below yesterdays low forming Doji .
The high, low of today's candle will become the resistance and support for next day.
Wave theory suggest downward trend as explained in picture.
Rest market will decide.
Happy trading :)
Note: Views shared for educational purpose.
The high, low of today's candle will become the resistance and support for next day.
Wave theory suggest downward trend as explained in picture.
Rest market will decide.
Happy trading :)
Note: Views shared for educational purpose.
Trade closed: target reached
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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.