IIT-Trader

NIFTY--Bull trap or Bear Trap??

NSE:NIFTY   Nifty 50 Index
Price is exactly closed in the previous strong fall area.
At the end of the session, the price is showing strong bullishness.
In this bullishness, if buyers exit their positions at this zone...tomorrow it is bearish, continue its move downside.
If this is a bull's continuous move, it will continue upwards and test the bearish gap.
will see in the next session what happens.

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