IIT-Trader

NIFTY--Fall or Rise??

IIT-Trader Updated   
NSE:NIFTY   Nifty 50 Index
Price broken the strong demand..tested the supply zone...and fall happens..
will it fall more...rise from this level...
price has broken the trendline as well...
if price falls without retest...later will test the trendline and fall more.
if a continuous fall happens it will rise from the 19260-19280 zone to some extend and fall.
after clearing the bullish gap left..price will rise towards the trendline or previous resistance.
careful at these levels...without any confirmation don't take any action.
please check the previous analysis on bottom links...
thank you very much..
Comment:
nifty again breaks All time high...I don't take any trades...above ATH...I don't have targets to book...
Comment:
that may be a fake out also...
Comment:
If price not able to break high...and falls below...will be on sell side..
Trade closed manually:

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