For NIFTY, Span B holds, for BANKNIFTY Span A holds as part of the Ichimoku graphs.
That sums up who is stronger or weaker. While we may struggle, markets don't convey the message, it is most of the times, we don't come to terms. Ok, given trading is different, it is more of money management, once you initiative a trade than anything else.
For the by-watchers, that is not the case by any stretch of imagination, more so when the proof is very much very recent.
The larger, wedge, has internal trendlines, dotted. Previous supports extended. Add to that NIFTY 21800 bounce. We have three large lower wick candles of recent times, all sitting on the trendline.
The first one, is part of the bearish three crows, currently we are witnessing the same, in this frame. Today move is interesting to see.
Wednesday US Inflation numbers, our own inflation comes just tad below expected. Focus is, follow up of the yesterday's moderation in terms of larger fear of fall.
Yesterday low was very important one, held well and closed well.
Supports 47500-47200
Supply 48100-48350
That sums up who is stronger or weaker. While we may struggle, markets don't convey the message, it is most of the times, we don't come to terms. Ok, given trading is different, it is more of money management, once you initiative a trade than anything else.
For the by-watchers, that is not the case by any stretch of imagination, more so when the proof is very much very recent.
The larger, wedge, has internal trendlines, dotted. Previous supports extended. Add to that NIFTY 21800 bounce. We have three large lower wick candles of recent times, all sitting on the trendline.
The first one, is part of the bearish three crows, currently we are witnessing the same, in this frame. Today move is interesting to see.
Wednesday US Inflation numbers, our own inflation comes just tad below expected. Focus is, follow up of the yesterday's moderation in terms of larger fear of fall.
Yesterday low was very important one, held well and closed well.
Supports 47500-47200
Supply 48100-48350
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