Hi friends,
After a huge sell off yesterday (500 points), Nifty charts showing weakness in down trend.
Formation of patterns + Divergence on hourly charts confirming that bulls are charged and equipped for BUY.
Break above 7930 will lead Nifty towards north - 8050-8100-8200 levels can be seen soon.
Traders trade with Strict Stoploss as volatility has increased a lot. (~25% vix), Signs volatility to prevail in the coming days.
Trade with SL & with proper MM.
Will be positing soon,
Thanks.
After a huge sell off yesterday (500 points), Nifty charts showing weakness in down trend.
Formation of patterns + Divergence on hourly charts confirming that bulls are charged and equipped for BUY.
Break above 7930 will lead Nifty towards north - 8050-8100-8200 levels can be seen soon.
Traders trade with Strict Stoploss as volatility has increased a lot. (~25% vix), Signs volatility to prevail in the coming days.
Trade with SL & with proper MM.
Will be positing soon,
Thanks.
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