this kind of pattern shows move to either side, but since the trend is on down side and 200 ema still not broken, with a strong resistance at 26800 , expecting a down from here
Its having break out - exiting position
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#NIFTY target achieved and trade closed. #BANKNIFTY still sluggish and making move towards my target. let's see how it goes. Will move the TSL to Cost now.
#Nifty A very crucial zone.. price action looks like a bounce is in place.. let's see how it turns up next week.. 11000 is a key support which need to test before bounce
#Nifty looks positive for now.. as expected taking a bounce at major support level.. 11300 should touch before moving further downside.
#Nifty did not touched the 11300 levels but made a day's high of 11232 and reverses back to 11112 (day's low)