As expected nifty today bounced from an important support area and gave a nice closing.
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Levels for Monday
Nifty is currently at Resistance area, on monday you will buy only if it sustains above resistance area.
There could also be fake breakout of this area ( gap up then selling)
MY BIAS FOR MONDAY WILL BE BEARISH ...
I Will only buy if it sustains or retests the resistence.
Happy trading❤️
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Levels for Monday
Nifty is currently at Resistance area, on monday you will buy only if it sustains above resistance area.
There could also be fake breakout of this area ( gap up then selling)
MY BIAS FOR MONDAY WILL BE BEARISH ...
I Will only buy if it sustains or retests the resistence.
Happy trading❤️