Nifty - retracement looks to be fading -18600 approaching
Nifty - retracement looks to be fading -18600 approaching (Bear Trap). As per yesterdays view markets went down and closed in red but on daily chart formed a doji - which signifies indecisiveness hence the view changed from retest to ATH.
India Vix fell 2% with decline in index - signifies bulls to continue.
ATH coming - 18.6k levels.
Will strictly follow my levels and take trade.
Keep a strict SL of 30 points.
Also this recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing.
Thank you.
India Vix fell 2% with decline in index - signifies bulls to continue.
ATH coming - 18.6k levels.
Will strictly follow my levels and take trade.
Keep a strict SL of 30 points.
Also this recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing.
Thank you.
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