Nifty index is showing straight forward bullishness from the keylevel From BASE high. Price observed a rally base rally from 21500 levels to 22500 levels. Trendline is also acts as support,to push the price. Now A Lot of liquidity is lies below the trendline and as well as below the double bottom levels at 21800 levels,and also we have a strong demand zone lies at 21700 levels.Price has to test these levels again for further move in Nifty INDEX. Will update all the information accordingly to reach for these levels.
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price is ready to move again...keep safe.
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this is the place again fast moves occur...
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price also golden zone...keep safe before short
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still above the golden zone.
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it might be drop base drop.
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wait until the base to push higher...
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more liquidity lies below. keep safe before long again.
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If possible look for bearish from this side.
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Some times again takes the topside liquidity and again falls back.
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base is already pushes the price previously...but this time probably not... so targets are base high, and liquidity below base high and 50% of base.
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head and shoulders as well... pls wait for the price to tap into this area.... otherwise they will take it topside.
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price enters into the area of resistance...wait for the price to clears the trendline liquidity and fails to move up again. then will go for shortside.
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trendline liquidity done...its time to think for bullish or bearish.
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support ** --Educational Purpose Only-- --Not SEBI Registered--