NeeteshJain

NIFTY CONSOLIDATING - QUICK SNAPSHOT

NeeteshJain Updated   
NSE:NIFTY   Nifty 50 Index
The above posted chart is a preview or quick snap shot of markets movements for past couple of days for retail traders to get some alignment with market and make inform decision by taking following factors in consideration

1. Showed GAP UP
2. Bearish Trending Channel GAP Down
3. Consolidation between 8745 -8690

Now, looking forward for a breakout from either side of the current consoliadtion.
Trade active:
Nifty breaking out from consolidation
Trade closed: target reached:
Target achieved as previous gap is now filled. Now look for shorting it.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.