Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Sunday, July 5, 2020

Nifty Frought With Resistances

Weekly Chart 

Daily Chart 

 Hourly Chart 

As is visible on each of the charts Nifty is frought with resistances.The rising wedge too has reached a point which makes it's bearishness irrelevant if the break down does not happen with a leg down immediately.

Keeping tight stops on longs and waiting for the breadown to create shorts would be prudent.

follow me on twitter!/lucksr

Happy Trading !!

Lakshmi Ramachandran

No comments: