Nifty index is showing straight forward bullishness from the keylevel From BASE high.
Price observed a rally base rally from 21500 levels to 22500 levels.
Trendline is also acts as support,to push the price.
Now A Lot of liquidity is lies below the trendline and as well as below the double bottom levels at 21800 levels,and also we have a strong demand zone lies at 21700 levels.Price has to test these levels again for further move in Nifty INDEX.
Will update all the information accordingly to reach for these levels.
Price observed a rally base rally from 21500 levels to 22500 levels.
Trendline is also acts as support,to push the price.
Now A Lot of liquidity is lies below the trendline and as well as below the double bottom levels at 21800 levels,and also we have a strong demand zone lies at 21700 levels.Price has to test these levels again for further move in Nifty INDEX.
Will update all the information accordingly to reach for these levels.
Note
price is ready to move again...keep safe.Note
this is the place again fast moves occur...Note
price also golden zone...keep safe before shortNote
still above the golden zone.Note
it might be drop base drop.Note
wait until the base to push higher...Note
more liquidity lies below. keep safe before long again.Note
If possible look for bearish from this side.Note
Some times again takes the topside liquidity and again falls back.Note
base is already pushes the price previously...but this time probably not...so targets are base high,
and liquidity below base high
and 50% of base.
Note
head and shoulders as well...pls wait for the price to tap into this area.... otherwise they will take it topside.
Note
price enters into the area of resistance...wait for the price to clears the trendline liquidity and fails to move up again. then will go for shortside.Note
trendline liquidity done...its time to think for bullish or bearish.Trade closed: target reached
Target1 done at base HighTrade closed: target reached
Target 2 at ,Liquidity Below Base is done...Trade closed: target reached
Target 3 is done....close longs for now...
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**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.