Indecisive and possible Bearish Dorji
Nifty has been maintaining it's trend line support today. But, it has opened and closed below it's yesterday's support of 11353. 11353 is now it's resistance. So, Nifty has to break out either of the direction tomorrow, which could be big movement. And the direction is unclear. So, no trade.
Since, the breakout has failed and Nifty is trapped in a narrow range, is this signal of bearish trend?
Since, the breakout has failed and Nifty is trapped in a narrow range, is this signal of bearish trend?
Penafian
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