praveen.bhatiya

Short at Reaction Zone

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NSE:NIFTY   Nifty50指数
Action/Reaction set is suggesting that the price has reached at the level where a reaction is expected. This setup is more reliable if the CL is passing thru a gap. One can take advantage of this setup in their trading either by booking profit in their existing long position or by initiating a fresh short trade here. Newton Law of physics works nicely on prices also, one can observe.

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