NIFTY--Liquidity lies @19300 ??

2023年7月31日

The nifty Index, after a strong fall price is given us 50%-60% retracement in Fibonacci.
if tomorrow price wants to fall this is the area that can push the price lower.



the previous resistance acts as support and price moved up again..



Don't go for short side if price breaks the low.... there is an another zone, that can immediately push the price up to trendline.
don't fall in trap here. It gives retracement again then look for sell.. until keep watch the show.
mean while price creates a trendline this area....
look for sell at that for proper targets on down side.
Look for buy on bottom side...after the break of trendline and retest up to 20K.
all the liquidity lies on these lows...that will break and reverses immediately.

Tomorrow again price enters into the consolidation zone....it will not gives us any movement.. slowly moves up and down. No proper direction. option sellers have a chance to grab this.

so keep safe.
Thank you guys for your support.

2023年7月31日

註釋

2023年8月1日

註釋

broken the trendline...but struggling...don't short immediately.

2023年8月1日

註釋

price broken the trendline up and failed to move upside...falls below..
if again gives us for retest to trendline...will go for short side.

2023年8月2日

註釋

NIFTY at its important...zone.

2023年8月3日

註釋

Liquidity done @19300