Verdict:
Mild Bullish ( Range 19630 – 19800)
Plan of action:
Hold previous 19750 Straddle, or create a new by checking 15 Min Candle.
As we have have been discussing nifty fall. Now nifty has proven to 0.5 Fib Level 1H-TF as a good support Level.
yesterday it has also taken a nice support at this level. we are assuming nifty to be in the range 19630 – 19800. Detailed levels are marked on chart.
Reasons:
Verdict:
Mild Bullish ( Range 19630 – 19800)
Plan of action:
Hold previous 19750 Straddle, or create a new by checking 15 Min Candle.
Disclaimer:
The information provided in this blog post is for informational purposes only. It is not intended as financial, investment, or trading advice. The author is not a licensed financial advisor or professional.
Trading and investing in financial markets carry inherent risks, and past performance is not indicative of future results. Readers should conduct their research, consider their risk tolerance, and consult with a qualified financial advisor before making any trading or investment decisions.
The author is not responsible for any financial losses or gains that may result from actions taken based on the information presented in this blog post. All trading and investment decisions are made at the reader’s own discretion and risk.
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2 Comments.
I was wondering if you ever considered changing the layout of your site? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having one or two pictures. Maybe you could space it out better?
thank you for the suggestion my friend. I will see what changes can be done in layout,