Nifty Positional View for April 20 2023
The current Trend is DOWN and will reverse to UP if LTP @ 15:30 is above 17650
Keep in mind 17710 is a Monthly level and stable above it is necessary for a strong UP Trend.
Use my Weekly levels for Intraday trades.
10:26/35 AM,12:20 PM, and 14:10 PM are essential times for April 20.
Expecting to move down till 10:26 and later slow UP Move till 14:10 and later down. Overall not a trending day if we see a GAP Down.If there is no gap down initial fall will be a fast and a good one to catch.
Past Swings:
=============================================
Start Price, Start Date, End Price, End Date, Move
-----------------------------------------------------------------
16998,29-03-2023, 17-4-2023,17792,794 UP Points
17792,17-04-2023, Cont, Cont, 181 Down points (April 19)
Keep in mind 17710 is a Monthly level and stable above it is necessary for a strong UP Trend.
Use my Weekly levels for Intraday trades.
10:26/35 AM,12:20 PM, and 14:10 PM are essential times for April 20.
Expecting to move down till 10:26 and later slow UP Move till 14:10 and later down. Overall not a trending day if we see a GAP Down.If there is no gap down initial fall will be a fast and a good one to catch.
Past Swings:
=============================================
Start Price, Start Date, End Price, End Date, Move
-----------------------------------------------------------------
16998,29-03-2023, 17-4-2023,17792,794 UP Points
17792,17-04-2023, Cont, Cont, 181 Down points (April 19)
Komen:
Probable Sentiment
Komen:
Trend change time worked well . 12:20 Was expecting a continuity but reversed to come back to sentiment @ 14:10
