Nifty Analysis ! Nifty Levels ! Nifty Outlook ! Nifty Prediction
After a long holiday, Back in action :-)
After a big bullish rally, What next ?
Can we go long ? The answer is No.
We have one more Gap down pending 15731.
Conditions:
===========
Condition 1: If market opens flat in between 15579-15672, Then we have to wait either side breakout & then we take position accordingly.
Condition 2: If we witness Gap-Up opening, Hold for data buildup, Check OI & Volume & then go long with Small Qty.
Condition 3: If by any chance we witness Gap down opening then we can short below 15579.
After a big bullish rally, What next ?
Can we go long ? The answer is No.
We have one more Gap down pending 15731.
Conditions:
===========
Condition 1: If market opens flat in between 15579-15672, Then we have to wait either side breakout & then we take position accordingly.
Condition 2: If we witness Gap-Up opening, Hold for data buildup, Check OI & Volume & then go long with Small Qty.
Condition 3: If by any chance we witness Gap down opening then we can short below 15579.