hello friends , lets analyze Bank Nifty.
As we have seen so called not so high not so low sessions since 4th June . We expect a bearish momentum in coming session.
The reasons are : 1) Relative strength index divergence
2) Kind of Double Top pattern (which has not concluded yet)
3) Un-windings in Long and new Addition in Calls
4) A perfect timing for profit booking
5) On higher time frame , price has tested resistance on Central Pivot and failed to breach.
6) Price has closed below 50 Ema on 1 hour TF.
nd many more but these are important one's.
If you do not want to risk your money , please hedge your positions while trading.
The idea has been researched and published based on many years of experience.
Trade Wisely And Smartly.
As we have seen so called not so high not so low sessions since 4th June . We expect a bearish momentum in coming session.
The reasons are : 1) Relative strength index divergence
2) Kind of Double Top pattern (which has not concluded yet)
3) Un-windings in Long and new Addition in Calls
4) A perfect timing for profit booking
5) On higher time frame , price has tested resistance on Central Pivot and failed to breach.
6) Price has closed below 50 Ema on 1 hour TF.
nd many more but these are important one's.
If you do not want to risk your money , please hedge your positions while trading.
The idea has been researched and published based on many years of experience.
Trade Wisely And Smartly.
Operación activa
Operación cerrada: objetivo alcanzado
Operación activa
Operación cerrada: objetivo alcanzado
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.