NIFTY LOOKING BEARISH For Tommorrow...MAY RETEST 17300 Again..!

1 thg 3, 2023

Today we experienced a BAD NEWS Vs. GOOD PRICE ACTION...As we all have seen that all the Sectoral Indices Were running in Green despite of GDP Bad News...Upward momentum was so steady and calm...will it be continue for tommorrow..?..I must say it may Continue in the next few days...but Tommorrow ...it is looking SHORT Side....It will retest 17300 again may be create a good base for Buyers to Buy on...In today Price action there are hardly any Dips to buy on...so buyers who tend to move the gear didn't Engaged..and it was clearly seen in Volume intensity...so For buying we need a good HIGHER LOW....May be at 17300...Thats a target i looking for Tommorrow...I wil Exit may trades if Price sustains above 17500...All the best guys...
Just Sharing my study only....for an Education purpose...Happy Trading...