nifty 21-12-2021

21 Ara 2021

Yesterday we have seen a good fall after the breakdown of important support , and sentiment is still negative. But as we know for every swing low there will be always a swing high

Considering this , we will be seeing a good recovery today from harmonics levels but the sentiment is negative , we wil be seeing very dirty swings in uptrend , option buyers keep watching your poistions in intrday

So coming back to today levels

We might see the gap of 150-200 points and our trade set up will be very tricky , wait for range creation

first sell the range , considering range bound market,

or in first half if you see nifty trading around 17020, due to good RR and sentiment negative , we can create a short postion from this point

I have attached charts with levels for reference

you can DM me directly if you have any questions