Nifty is Bullish!

2020年8月18日

Nifty has taken support at the channel trend line. It has made a strong marubozu candle. It has room to move up.

My view for tomorrow is Bullish...

2020年8月18日

注释

Caution

Nifty closed at it's Fibo resistance level. 11400 is the level where it can reverse. Go long only if it opens above 11400 and stays there. If it's a huge gap up, it may make a red candle. The level of 11370-11400 then becomes important support. Go long only if it closes above 11400.