Nifty is at upper level of the short term bearish channel which it has resisted before. 18250 have good supply and may break tomorrow. and if not , 18000 is where expect to be again..
Nifty almost was able to be inside the upward channel until bears overpowered bulls. Levels which we are keeping ours eyes are still in play. Tomorrow if price is able to stay above 18000 and breaks resistance of 18155 we can expect price to hit 18250-300 but if price opens below 18000 which also happens to be tomorrow's CPR and is unable to break through then we...
Nifty was able to sustain above 18155 level heading towards 18350-18400 level tomorrow if it stays above 18250. Am a bit concerned about intraday move because of price nearing top band of Bollinger but still there is room for movement. Will be looking for long/call opportunities and targets18300-350-400. Hence my overall view for tomorrow is bullish.
Few days back we discussed important levels of nifty and what the moves nifty may give. Levels we discussed acted beautifully, also only 20 points was required to achived target.Keeping in mind since tomorrow will be the last trading session of the year traders should be extra careful. Tomorrow if 18155 level holds we could see targets of 18350 and if 18155 level...
If 18155 breaks and acts as a support then intra day Target would be around 18250-300. If acts as a resistance then next support is around 17800-900. My view overall is short term bullish. Hence price just bounced off the lower Bollinger band nd next resistance nifty is likely to face is around afore mention level.
Support has acted well. Just like I expected.. Do like and comment also share
Btcusdt may have had a death cross but the lower support which I belive is not going to break. If it breaks the support will be at 30k and go bearish more..
ATM market seem bearish. Wait for the correct moment.. Not financial advice
Strong buying opportunity I would wait a little longer before buying the dip.
Two scenarios are considered as buying zone. I would wait for the confirmation though Not financial advice.
Based on chart it seems like it another bull trap.