NIFTY--Weakness or Strength ??

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The index is trading in bullish to sideways trend....
again bullish and trading in channel again...
if you clearly observe, the distance between between the HH's is gradually decreases...
which is a sign of weakness in the uptrend...
as of now no indication of Bearishness in nifty...
opens Gap Up and fall..and again goes up...
until a strong fall and retracement...don't think of shorting again...

Trade safe....

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now at demand...Will wait for buy or breaks this zone...

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No change in momentum...

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Finally.....

IIT-Trader

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