NIFTY VOLATILITY IS CONTRACTING
As a Swing trade i am in a bullish bias right now. Because RSI is trading above > 50 levels.
NIDTY is in a very Narrow range . Candle sizes are small. More red candles in A Row.
This move suggest that there is a Chance to Enter NIFTY into the Bearish Territory.
Will buyers Hold or sellers win the Game.
There is a High probability the Range could be broken on upside because the Higher timeframe RSI in The Bullish territory.
Wait & Watch . Do not plan for Directional till the move is Confirmed with the Strong Buyers presence.
HAPPY TRADING
NIDTY is in a very Narrow range . Candle sizes are small. More red candles in A Row.
This move suggest that there is a Chance to Enter NIFTY into the Bearish Territory.
Will buyers Hold or sellers win the Game.
There is a High probability the Range could be broken on upside because the Higher timeframe RSI in The Bullish territory.
Wait & Watch . Do not plan for Directional till the move is Confirmed with the Strong Buyers presence.
HAPPY TRADING
İlgili yayınlar
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.