Gap up opening and green candle closing

2 Eyl 2020

Nifty has made a gap up opening and green candle closing, so it might be Bullish tomorrow. But, I am maintaining my bearish stand. It has resistance just above it at 11550.

So, only take trade for short few hours with limited capital and strict stop loss...

3 Eyl 2020

Not

Nifty opened Bullish as predicted. It opened well above above it's resistance level of 11550, but found it's resistance at the 3 months old trend line....