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IIT-Trader
Aug 28, 2023 1:19 PM

NIFTY--Retracement to trendline?? 

Nifty 50 IndexNSE

Description

Key level of resistance, (broken trendline and retested candle)...
if the index further wants to fall again this has to push the downside...
so keep an eye at this level...
It may again have a chance of test the above level of resistance...
keep look at these 2 levels...
After a breakdown price is giving us some retracement...look for sell in this area...
if breaks above it may clears the liquidity above 19650 levels....
keep safe at this place...without confirmation don't go for any positions...

Comment

Still in a channel...
Comments
IIT-Trader
What do you think about this idea??
CA_Pearl
Nice sir.
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