NIfty - Multiple Bearish Candlestick Patterns
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Today there were at least three bearish candle patterns that I could see.
Nifty is on the way down. There could be some volatility due to expiry but the path forward is down.
Nifty is on the way down. There could be some volatility due to expiry but the path forward is down.
Nota
If we are going to suffer from mismanaged socio-economic management then we might as well reduce our pain by going short.Nota
I forgot to mark the bearish double tops which are inherent in Tweezer Tops.Nota
Additionally, the recent three day upswing failed to cross the 50% retracement of the fall from 15th May to 23rd May.Nota
Now might be a good time to short... gap touched in futures marketNota
Went long @10585... Seems to have gained some momentum... purely an intraday trade... my basic position is bearishNota
Closed @ 10625... modest gain of 40 points but decent profit with multiple lots. I guess the markets are such that one has to be nimble and quick to grab profits.Nota
Shorted again @10649 May futNota
10649 short trade closed with very small loss.This morning shorted at opening... trade active
Penafian
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