WHY NIFTY IS NOT GETTING WEAKER WHERE AS BNF IS !!!
COMPARING YESTERDAY STATEMENTS WITH TODAY MOVE OF PRICE IN NIFTY.
1. IN YESTERDAY POST I SHARED THAT TILL WHITE AND RED ZONE IS BREACHED NO SHORTING PLEASE. I TALKED ABOUT FLAT OPENING.SAME HAPPENED. AS EXPECTING SUPPORT HERE . TODAY NIFTY TOOK SUPPORT MAKING SMALL PAUSE CANDLE MARKED IN RED CIRCLE. MEANS IT MAY SPEND SOME MORE TIME HERE.
2. IN FACT TODAY BNF DID NOT SHOW ANY WEAKNESS , THAT IS WHY THE LOWER END OF GREEN CHANNEL AND RED WHITE SUPPORT ZONE IS INTACT. BUT LONG POSITIONS CANNOT BE INITIATED. THE WHITE DOTTED LINE WAS SHIFTED TODAY. TILL PRICE IS NOT TAKEN OUT, LONG CAN NOT BE INITIATED. NIFTY IS HOLDING THIS TILL BNF SHOWS MORE WEAKNESS.
3. BREAKING THIS CHANNEL DOWN SIDE MEANS PRICE WILL MOVE TOWARDS BLUE SUPPORT LINE. THAT YOU ALL KNOW AS SHARED IN PREVIOUS POST TOO. IT MAY POSSIBLE THAT PRICE BREACH WHITE DOTTED LINE AND GOT REJECTION. THAT WOULD BE GOOD OPPORTUNITY TO SHORT NIFTY. REST MARKET WILL DECIDE.
YOGESH VATS
1. IN YESTERDAY POST I SHARED THAT TILL WHITE AND RED ZONE IS BREACHED NO SHORTING PLEASE. I TALKED ABOUT FLAT OPENING.SAME HAPPENED. AS EXPECTING SUPPORT HERE . TODAY NIFTY TOOK SUPPORT MAKING SMALL PAUSE CANDLE MARKED IN RED CIRCLE. MEANS IT MAY SPEND SOME MORE TIME HERE.
2. IN FACT TODAY BNF DID NOT SHOW ANY WEAKNESS , THAT IS WHY THE LOWER END OF GREEN CHANNEL AND RED WHITE SUPPORT ZONE IS INTACT. BUT LONG POSITIONS CANNOT BE INITIATED. THE WHITE DOTTED LINE WAS SHIFTED TODAY. TILL PRICE IS NOT TAKEN OUT, LONG CAN NOT BE INITIATED. NIFTY IS HOLDING THIS TILL BNF SHOWS MORE WEAKNESS.
3. BREAKING THIS CHANNEL DOWN SIDE MEANS PRICE WILL MOVE TOWARDS BLUE SUPPORT LINE. THAT YOU ALL KNOW AS SHARED IN PREVIOUS POST TOO. IT MAY POSSIBLE THAT PRICE BREACH WHITE DOTTED LINE AND GOT REJECTION. THAT WOULD BE GOOD OPPORTUNITY TO SHORT NIFTY. REST MARKET WILL DECIDE.
YOGESH VATS
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.