NIFTY is ready to trap before finally changing its trend

19 בדצמ׳ 2023

As we can see, we did see some sideways to bearish market throughout the day but we can also see a consolidation at higher levels which is showing signs of weakness but on the other hand we can see some strong global cues which could result in strong opening for NIFTY which could lead to potential breakout to the consolidation created by NIFTY which can give enough liquidity to trap further retailers in the form of breakout and leading to final fall in coming weeks so plan your trades accordingly