Nifty Price Action- Learn price action with real time charts
NIFTY 50 opened gap up
Took resistance @ 10370 levels.
Formed Hanging man with large wick... candle can be
ignored as it is formed after short move.
Note: Nifty did not made a high higher than the previous session, though it made a low below previous session.
Today session suggesting that nifty might stay range bound for sometime.
Hence one should wait for break above 10380 for a move towards 10500 or break below 10250 for a move towards 10180
Took resistance @ 10370 levels.
Formed Hanging man with large wick... candle can be
ignored as it is formed after short move.
Note: Nifty did not made a high higher than the previous session, though it made a low below previous session.
Today session suggesting that nifty might stay range bound for sometime.
Hence one should wait for break above 10380 for a move towards 10500 or break below 10250 for a move towards 10180