Verdict:
Observe initial 15 min trend.
Plan of action:
Based on observence of inital market moment. Place a Neutral trade.
As we have have been discussing nifty fall. Now nifty has come to the 0.5 Fib Level 1H-TF.
yesterday it has also proven as support point whole day. we are assuming that it might take support from this point.
Reasons:
Verdict:
Observe initial 15 min trend.
Plan of action:
Based on observence of inital market moment. Place a Neutral trade.
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.
Finnova© All Rights Reserved
