*On 12 DECEMBER, expected a good fall from supply zone, but buyers remained strong.
*Unless market doesn't trade and sustain above supply zone, consider it's weak.
*Make changes to your trading plan if opened BIG GAPUP/GAPDOWN.
NOTE:
This Idea is according to my understanding of market especially BankNifty.
And do your own analysis, take positions according to your Risk Appetite.
HAPPY TRADING....
Comment:
Market have to prove that our analysis is wrong, until then stick to the Plan
Comment:
Market is creating resistance, inviting sellers and removing them, as there is no resistance upside, there is no reason to sell.