Nifty 50 Trend analysis
Structure seems to be confused.. In trap zone..
CPA inflation data was Bad as compare to (last 15 Year)
Already done trade on 14/8/2023 ...
Market structure is Strong,,, But but but its in trap zone
If close below 19317 then trend reversal is there and bearish mode can be there..
If continue to sustain above 19419 levels and break 19554 after consolidation then uptrend will continues....
CPA inflation data was Bad as compare to (last 15 Year)
Already done trade on 14/8/2023 ...
Market structure is Strong,,, But but but its in trap zone
If close below 19317 then trend reversal is there and bearish mode can be there..
If continue to sustain above 19419 levels and break 19554 after consolidation then uptrend will continues....
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