OldMonk13

OldMonk13

Nifty FUT did break out from the level, the weekly candle also gave a close above this level, but boy look at that candle. This is not confidence inducing at all.

OldMonk13

Nifty has to sustain above this lower level for the week. To sustain it's bullish bias.

OldMonk13

Day close above this could mean previous high test.

OldMonk13

IF Nifty does not break out of this range it ll fall til 22250 range

OldMonk13

Bank Nifty Fut has to close above this level decisively to become bullish.

OldMonk13

NIfty Fut is in a tricky slot. Ideally looks like a bearish scenario playing out, onboarding all the eternal bulls.