IIT-Trader

NIFTY--Retracement to trendline??

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NSE:NIFTY   Indeks Nifty 50
Key level of resistance, (broken trendline and retested candle)...
if the index further wants to fall again this has to push the downside...
so keep an eye at this level...
It may again have a chance of test the above level of resistance...
keep look at these 2 levels...
After a breakdown price is giving us some retracement...look for sell in this area...
if breaks above it may clears the liquidity above 19650 levels....
keep safe at this place...without confirmation don't go for any positions...
Komen:
Still in a channel...

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