Nifty Near Gann Resistance

Nifty is trading near Gann Resistance. A breakout above will lead Nifty to 8773,8855,8969 and if unable to break Gann line, we can see 8510,8421. Wait for confirmation and avoid till budget event is over

交易开始

交易开始:

First Target 8773 achieved. Book Partial profit

评论:

Nifty closed at pivot level. We could see a big move tomorrow. Keep strict SL.

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Nifty making fun of both bulls and bears. Stay cautious.

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8840 remains a big hurdle. We might see new highs once 8840 is taken down. Till then its going to remain choppy. Bearish below 8700 for a move till 8600/8555.

We have new time cycle starting from 13 Feb-24 Feb With important trend change date being 13/15/20 Feb

评论:

Nifty continues to play with both bulls and bears. No clear direction yet.

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Gap up opening in last session but closed below Gann line.