Fresh longs in Nifty ????
Trendline broken cleanly, however this cannot be seen as a reversal.
Remember there was a massive gap down on monday
The market just came back to fill the gap.
All fresh longs might have hedged their positions by now
Tomorrow would be a red candle if market opens below todays high.
That should ideally be a pullback and an opportunity to re enter at 17500 levels.
Dont enter without hedges
Remember there was a massive gap down on monday
The market just came back to fill the gap.
All fresh longs might have hedged their positions by now
Tomorrow would be a red candle if market opens below todays high.
That should ideally be a pullback and an opportunity to re enter at 17500 levels.
Dont enter without hedges
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