Nifty analysis with Order block
As we enter in downtrend, the probability of taking another dip is more as per 4 hr, daily and weekly chart. I have drawn this trendline and set it with an order block. Let see whether it works or not. Order blocks work well and give good returns and you can test it. when you trade nifty with order block just keep your SL above the order block because order block is a testing zones. According to this OB SL will be 15925 and if we follow trendline then near 16000 nifty can fall.
Thanks for reading and if any correction is required you can update.
Thanks for reading and if any correction is required you can update.
Penafian
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