nifty futures
educational purpose only
nifty futures too seem to have gone into a range bound or a sideways trend now. this should be considered as a positive signal in the bearish market.
we can think about it as nifty future is gathering strength to try a trend reversal.
if you study the chart, you will see that this is actually the first consolidation since the bearish trend has started. there were bounce backs and falls but now, the trend seems like a proper sideways trend.
nifty futures too seem to have gone into a range bound or a sideways trend now. this should be considered as a positive signal in the bearish market.
we can think about it as nifty future is gathering strength to try a trend reversal.
if you study the chart, you will see that this is actually the first consolidation since the bearish trend has started. there were bounce backs and falls but now, the trend seems like a proper sideways trend.
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