Part IV: Nifty outlook: A steep recovery or a slow correction?

2021年10月25日

Nifty has continued growing in the corrective channels.
It has filled two gaps and is currently on the third gap level.
The third gap is providing support.
Nifty has made a double bottom pattern on the gap level.
And according to the gap theory, price gaps cause reversal.
But if selling pressure exceeds buying pressure during the gap area, Trader can expect another leg down.
targets for buyers 18220-18334-18454-18500+
Don't take a trade without any confirmation.
The market can go downward.


A trader can wait for confirmations, like candlestick pattern, volume breakout, trendline breakout, and channel breakout.

More clusters are there, more controlled your psychology will be.

2021年10月25日

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The first target of 18220 has reached.

2021年10月25日

交易结束：到达目标

2021年10月26日

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2021年10月27日

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The second target of nifty has reached at 18334.

2021年11月1日

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Nifty Update :

2021年11月1日

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Follow me to get a quick update.

2021年11月14日

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