Please observe Nifty Spot has closed above my resistance level 9510. EOD close 9511.40. I have closed my short position. Nifty can GAP UP tom to trap short positions or can test 9460-9474. I have taken a small long position and trade accordingly tom morning.
Comments
JamesLourduraju
⋅
I don't think so. Technical clearly heading for 9335 as per algorithm. It may be 20 or 30 points up. Check rsi,Macd and bolinger bands and other moving average.
I dont follow any of the indicators and I am doing well. I follow only EMA to see the direction as they are lagging. Please note carefully - I have not said Nifty has reversed. I am going long to play the bounce and then initiate shorts when I get the sell signal. I dont have targets in mind as you you have as I just follow the Nifty.
UnknownUnicorn646072
⋅
give some description about your chart,on technical analysis,