Just a short update!
On the hourly time frame, Nifty has managed to save the levels by closing inside the range. A series of hammers have formed on the bottom of the range, indicating that the selling pressure is being absorbed by buying pressure.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
On the hourly time frame, Nifty has managed to save the levels by closing inside the range. A series of hammers have formed on the bottom of the range, indicating that the selling pressure is being absorbed by buying pressure.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Ghi chú
So, the unfilled gap was filled today leaving big lower shadows. Nifty and Bank Nifty, both failed to recover from the fall today. The selling pressure was pretty high today.
Nifty needs to defend the range lows to remain bullish. Also, now, there is gap between 15836-15900 that will be filled if Nifty shows some upside momentum.
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I build communities where traders feel understood and supported. 🔥
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
Trading is lonely, but it doesn’t have to be.
Want to grow with people who get it?
📈 Join my FREE Telegram → t.me/johntradingwick
🤝 Connect on Twitter → x.com/tradingwick_
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.