As a Swing trade i am in a bullish bias right now. Because RSI is trading above > 50 levels.
NIDTY is in a very Narrow range . Candle sizes are small. More red candles in A Row.
This move suggest that there is a Chance to Enter NIFTY into the Bearish Territory.
Will buyers Hold or sellers win the Game.
There is a High probability the Range could be broken on upside because the Higher timeframe RSI in The Bullish territory.
Wait & Watch . Do not plan for Directional till the move is Confirmed with the Strong Buyers presence.
HAPPY TRADING
NIDTY is in a very Narrow range . Candle sizes are small. More red candles in A Row.
This move suggest that there is a Chance to Enter NIFTY into the Bearish Territory.
Will buyers Hold or sellers win the Game.
There is a High probability the Range could be broken on upside because the Higher timeframe RSI in The Bullish territory.
Wait & Watch . Do not plan for Directional till the move is Confirmed with the Strong Buyers presence.
HAPPY TRADING
Penerbitan berkaitan
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penerbitan berkaitan
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.