We have news today which market has never expected : R3 won't be RBI governor for 2nd term.
That's Bad News, Atleast for Indian Economy & our banks which are high on NPA's. If I start on explaining this scenario & complex situation of our economy combined with Global scenes , it will go on, so let me cut here & jump back to what we do always - Analysis.
After the channel breakout , Nifty go into ranging mode and if you guys remember our Bearish Crab targets are still to be reached around 8000's. But here is another chance for who missed it.
We have potential triangle formation but the inner moves offers us a chance to short. Check chart for targets,stops. Determine Entry after checking your risk-reward.
Happy Trading !
That's Bad News, Atleast for Indian Economy & our banks which are high on NPA's. If I start on explaining this scenario & complex situation of our economy combined with Global scenes , it will go on, so let me cut here & jump back to what we do always - Analysis.
After the channel breakout , Nifty go into ranging mode and if you guys remember our Bearish Crab targets are still to be reached around 8000's. But here is another chance for who missed it.
We have potential triangle formation but the inner moves offers us a chance to short. Check chart for targets,stops. Determine Entry after checking your risk-reward.
Happy Trading !
Nota
Gap Down as expectedTrade fechado: stop atingido
Stops hit, I am out of this trade
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.