NIFTY - Market Structure Analysis 12/24/2021

Hello Traders,

End the year strong and most importantly in confidence. Profits/ Loss for this year is just a byproduct of our trade execution. Expect to see a little volatile direction less market.

We have strong buyers entering the markets. Expect them to accumulate in a range for a period of 4 to 6 weeks before they make a move upwards.

Any other upside move before any signs of accumulations (trading range) is high likely to reverse and further correction can happen.

I would recommend you to reduce your position size, number of trades & capital per trade to half of what you usually trade with over this holiday period.

Good luck! Happy holidays and wish you a great year coming ahead!