Ilikethehell

Nifty50 will do this all day

Ilikethehell Обновлено   
NSE:NIFTY   Индекс Nifty 50
15min time frame analysis:

open 15800 and close near 15670.
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Nifty will do this whole day.
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15782 pullback then moving forward to 15603.

We confirmed that the market structure is broken and the price is making lower lows. I believe that this market condition will change soon with huge volatility and strong destruction power.
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There's still a chance that nifty might give a pullback or if it doesn't no problem anyways.
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Nifty goin to 15780-15800 and then continue to bearish mode.
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Seems nifty would not go up before 15000.
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Market will open gap down and then gap fill whol day
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Market will do this. this price action will take whole 2 days to complete.
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Anyhow price closes to above 15800 market structure will be bullish onsided other than everything bearish.
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happened same day to complete this price action. nice.

NIfty going again 15800 and then even higher from now on
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Update:
Niffty will open same yday closing price and will be range-bound in till midday.

Price below 15930 I stay bearish. I feel one thing is that Nifty wouldn't sustain if does break high anyways. in Wycoff method there will be UTAD which is pending to upside 16k-100 once it took out that high market eventualy may colapse.
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Nifty 15915 should be today's high or I'm doing nothing
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and then backing it up again to 15800 everybody knows.
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Nifty will do this.

feels 16k fade away
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this whole price action ends here and I'll not update this anymore.

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