NIFTY is moving in the rectangle Pattern which shows the higher HIGH and higher LOW.
on Friday market opened HIGH on the price-action resistance but could not break it to upside it consolidated whole day in a small range a bad day for option buyers. if NIFTY could break the resistance to upside then it can give a potential move for buyers.
Nifty seems neutral so far.
Reasons:
Verdict:
Neutral
Plan of action:
wait for nifty to break rectangle inside rectangle go only for selling NO OPTION BUYING.
on Friday market opened HIGH on the price-action resistance but could not break it to upside it consolidated whole day in a small range a bad day for option buyers. if NIFTY could break the resistance to upside then it can give a potential move for buyers.
Nifty seems neutral so far.
Reasons:
- EMA 50, 200 as a nice support point. (Bullish)
- Price-action Resistance to upside. (Bearish)
- RSI <40,60> (sideways moment)
- likely to take support 19075
- PCR = 0.79 (Neutral)
Verdict:
Neutral
Plan of action:
wait for nifty to break rectangle inside rectangle go only for selling NO OPTION BUYING.
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。