IS NIFTY READY TO MOVE FURTHER DOWN SEE IN ANALYSIS !!
TARADING PLAN FOR NEXT DAY 20-5-20
1. Threre is nothing to compare in my last statements with actual move , as nifty made inside candle so nothing to compare. A yellow line is intact so nifty is ready to go down to blue zone. That I said yesterday and sticking to this point. If dow today closes in bearish down candle then tomorrow this move will continue. Otherwise would stand still like today.
2. As in my previous so many post I have said it several times that nifty has to travel less distance where as bank nifty has to move more. so you will see momentum in bnf. The reason has aslo been shared in my prevoius post that nity has made bottom where as bnf has to make. so remenber the condition of yellow ref line in daily chart not in small time frame charts. Rest market will decide.
YOGESH VATS
1. Threre is nothing to compare in my last statements with actual move , as nifty made inside candle so nothing to compare. A yellow line is intact so nifty is ready to go down to blue zone. That I said yesterday and sticking to this point. If dow today closes in bearish down candle then tomorrow this move will continue. Otherwise would stand still like today.
2. As in my previous so many post I have said it several times that nifty has to travel less distance where as bank nifty has to move more. so you will see momentum in bnf. The reason has aslo been shared in my prevoius post that nity has made bottom where as bnf has to make. so remenber the condition of yellow ref line in daily chart not in small time frame charts. Rest market will decide.
YOGESH VATS
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