5693 Possibility of formation of inside candle today
Reason for trading range.
a) opening is between yesterday mid point and low. Hence there is a possibility of trading range with consolidation bias
b) Big round number attraction of 16000 possible only, if nifty breaks yesterdays low
c) 16500 is going to form a resistance, if it breaks high possibility of closing the gap.
Daily time frame, nifty broken 5 month low and now in wave 3 for down side
a) opening is between yesterday mid point and low. Hence there is a possibility of trading range with consolidation bias
b) Big round number attraction of 16000 possible only, if nifty breaks yesterdays low
c) 16500 is going to form a resistance, if it breaks high possibility of closing the gap.
Daily time frame, nifty broken 5 month low and now in wave 3 for down side
交易結束：目標達成
formed the inside candle, but not tested low of the day throughtout the day
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