On a nutshell, Nifty cant be traded for intraday this week, between 15000-15250
Wait for nifty to break either 15250, with proper momentum candle and not gap up.
Or wait for nifty to break 14926 .
Until then it's a wait and watch game. I am on the short side , if it consolidates more time near 15000, it has more possibility to go down!
day time wise, trend is bearish, weekly trend is still bullish. Trend reversal signs are there but we never know.
Happy trading all!
Wait for nifty to break either 15250, with proper momentum candle and not gap up.
Or wait for nifty to break 14926 .
Until then it's a wait and watch game. I am on the short side , if it consolidates more time near 15000, it has more possibility to go down!
day time wise, trend is bearish, weekly trend is still bullish. Trend reversal signs are there but we never know.
Happy trading all!