As expected, today nifty has moved nowhere, on daily chart it has formed a doji candle, which is a sign of confusion between buyers and sellers.
Most important nifty has changed it’s way of movement and gone flattish. After a three days of slow bull move today it took a pause
@What next?
As nifty has changed market structure then its time to be cautious, My view is neutral for tomorrow and I will decide based on the tomorrow flow.
Level- Above 11480 go for buy
Below 11412 go for Sell- MOSTLY THIS WILL BE ACTIVE
#Disclaimer- This is not recommendation.
PRICE IS GOD, RESPECT IT FOLLOW IT.
Most important nifty has changed it’s way of movement and gone flattish. After a three days of slow bull move today it took a pause
@What next?
As nifty has changed market structure then its time to be cautious, My view is neutral for tomorrow and I will decide based on the tomorrow flow.
Level- Above 11480 go for buy
Below 11412 go for Sell- MOSTLY THIS WILL BE ACTIVE
#Disclaimer- This is not recommendation.
PRICE IS GOD, RESPECT IT FOLLOW IT.
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pravinmangalam
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