Nifty Analysis 15-08-2023

Nifty is making lower low in smaller time frame.

Major trend is bullish, smaller trend is bearish.

Market is getting into a retracement

If nothing makes sense, then wait patiently to hit hard when trend change in smaller TF as well.

Do not trade random, wait for price to come to your level to have most favorable risk to reward trade set up.
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