Counter idea just for $NIFTY for tomorrow 14th March
The most obvious expectation is that 
NIFTY is bearish after today's fall where it broke it all known supports.
I do have the similar sentiment and i agree that this is a sell on the rise market. However, purely for 14th March, i am expecting the market to recover a bit, more in line with a retracement to the last support.
Why do i think this is expected?
Two reasons:
1. On Daily Time frame, there is a trendline whichNIFTY has re-touched and shown a very small bounce from it. This is the white line.
2. In general, there is retracement on break of levels. This is what i am expecting tomorrow.
As this is retracement, it may turn into a volatile market which may result in a long wicks Doji or an small body long which candle.
NIFTY is bearish after today's fall where it broke it all known supports.I do have the similar sentiment and i agree that this is a sell on the rise market. However, purely for 14th March, i am expecting the market to recover a bit, more in line with a retracement to the last support.
Why do i think this is expected?
Two reasons:
1. On Daily Time frame, there is a trendline which
NIFTY has re-touched and shown a very small bounce from it. This is the white line.2. In general, there is retracement on break of levels. This is what i am expecting tomorrow.
As this is retracement, it may turn into a volatile market which may result in a long wicks Doji or an small body long which candle.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.