for the last 12 to 15 days the nifty is sideways, it wavering around critical support zone where multiple price patterns are confronting.
It is interesting to see, how these patterns unfold. As of now 2 weekly inside candles are form, it likely to create a range of 17700 to 18300 level over this month
Bullish Indications
1. Tweezer Bottom and 3 White Soldiers
2. Tested Strong Support
3. Bullish AB=CD Pattern
4. Bearish Trend is Mature Enough
5. Need to Break Resistance Upper Trend Line
6. Found a very strong bullish divergence on 1D
7. Falling Wedge
8. 11 out of 16 times remain bullish
Bearish Indications
1. Lower highs and Lows
2. If it breaks support then we...
