Nifty Reversal any time possible
מעודכן
Nifty was over brought as per FII data and on event of tomorrow it may try to break last friday's High of 24850 levels where it can be a Trap be cautious as on Daily charts it formed bearish Engulfing pattern and on Weekly it formed bearish Gravestone doji. building position on Next month that to monthly positions would be preferable. Just a View not a Reco..
הערה
Expecting bounce to upside...הערה
Rocking...הערה
Time to enter shorts next month... just a viewהערה
Nifty forming Divergence by breaking its previous high, monthly option buyers of PE can accumulate and fresh positions can be added around 25140 to 25170 levels need not panic as markets are reaching a over brought zones weekly options please avoid they can decay fast. Just a view not a Reco...הערה
Expecting reversal from tomorrow secondhalfהערה
As expected above 25000 levels as trap open with big gap down now price may try to fill the gap for some extent just a view not a Reco...הערה
waiting for more correction as discussed just a view...הערה
Wow till now 3+ % correction need more...הערה
Would like to book some ere and wait for reentry just a view not a reco...הערה
Next time to get this type of views support and comment at least 50% of viewsהערה
Entering for short side on Next month monthly option just a view not a reco...
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