Nifty should have corrected few days back. But it appears that Market Makers may not allow Nifty correction.
Renko charts (ATR 14 based) in Daily, 1hr, 30mion and 15min are solidly in the green. This could indicate an approx 80% chance that the market may continue to rise a bit tomorrow. Best not to trade in the index till after expiry.
Renko charts (ATR 14 based) in Daily, 1hr, 30mion and 15min are solidly in the green. This could indicate an approx 80% chance that the market may continue to rise a bit tomorrow. Best not to trade in the index till after expiry.
액티브 트레이드:
Shorted @10606 (futures price) for a strictly intraday trade.
거래청산: 타겟 닿음:
Closed @10570
코멘트:
Scalping strategy... small price movements with many lots
코멘트:
Most technical indicators suggest a correction. But Daily and 4 hr Renko (ATR 14) are still green. Best to short after expiry.
코멘트:
New uptrend Renko brick starting on Daily chart.
코멘트:
So the renko analysis yesterday was accurate. Nifty has gone above yesterday's high.