Nifty || 30th May 2022 || Falcon Trader || Daily Analysis
מעודכן
Gap up to break this level, but then strong resistance ahead can mark a choppy Monday.
Levels to watch:
We have reached reversal area, even though possible price can move up considering positive sentiments, there is strong resistance ahead.
Upside - 16400-16500 levels
Downside - bounce from 16230 levels
[bR]esistance commentary:
16500 level is a strong resistance area followed by 16600 form 1H Time Frame
This should play for this week.
There is more room to play downwards and this can be a temp test of 16600 levels for the week.
Levels to watch:
We have reached reversal area, even though possible price can move up considering positive sentiments, there is strong resistance ahead.
Upside - 16400-16500 levels
Downside - bounce from 16230 levels
[bR]esistance commentary:
16500 level is a strong resistance area followed by 16600 form 1H Time Frame
This should play for this week.
There is more room to play downwards and this can be a temp test of 16600 levels for the week.
עסקה סגורה: היעד הושג
Target one achieved. Now there will be some pull back. Happy Trading!
Falcon Trader
Trading Courses charts-stocks.com
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Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
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