Nifty1 trying to break a previous trendline

2022년 5월 4일

On 30 minutes chart Nifty (this is the near month future chart) is trying to break a previous support trendline. This may become a make or break situation for Nifty for this day.

2022년 5월 4일

노트

Nifty1 brakes another support at 16860.

2022년 5월 4일

노트

Next support comes at 16550.

2022년 5월 4일

노트

Anyone who took a trade (shorted or bought put or any bearish option strategy) when Nifty1 broke the support trendline at 11:45a.m. is smiling big now.