As we analysed that NIFTY could only continue its bull run if sustained above 18000 but failed to do so and fell one sidedly from our important level 18000 which was also a psychological level
Now nifty closed at very crucial area as it filled almost all gaps which were pending and is more like retesting fhe trendline it broke out hence it could be a good opportunity for going long if sustained above the trendline but if failed ghen we can see bigger fall incoming hence we should be ready for both sides now
Now nifty closed at very crucial area as it filled almost all gaps which were pending and is more like retesting fhe trendline it broke out hence it could be a good opportunity for going long if sustained above the trendline but if failed ghen we can see bigger fall incoming hence we should be ready for both sides now