nifty future, 19500 or 18700/600??? whats the target?

3 Kas 2023

NIFTY1! after succesfully bouncing back from the 18800s, the nifty future has come to the breakdown level again, now what we need to check is that if this this is going to be the retest and countinue the fall further towards the 18700/600 zone or we get the succesfull breach of the current red zone for retesting the psychological level of 19500.

remember, the zones breaks only when we bet a candle clossing below or above the zone.

6 Kas 2023

Not

nifty future broke 19385 and retested it before moving towards 19400/500, be patient and watch the price action at 19500 zone as it is a psychological level and has a sell zone. if breaks, can move further in upside.