NIFTY--Liquidity lies @Double Bottom??
Atualizado
Nifty index is showing straight forward bullishness from the keylevel From BASE high.
Price observed a rally base rally from 21500 levels to 22500 levels.
Trendline is also acts as support,to push the price.
Now A Lot of liquidity is lies below the trendline and as well as below the double bottom levels at 21800 levels,and also we have a strong demand zone lies at 21700 levels.Price has to test these levels again for further move in Nifty INDEX.
Will update all the information accordingly to reach for these levels.
Price observed a rally base rally from 21500 levels to 22500 levels.
Trendline is also acts as support,to push the price.
Now A Lot of liquidity is lies below the trendline and as well as below the double bottom levels at 21800 levels,and also we have a strong demand zone lies at 21700 levels.Price has to test these levels again for further move in Nifty INDEX.
Will update all the information accordingly to reach for these levels.
Nota
price is ready to move again...keep safe.Nota
this is the place again fast moves occur...Nota
price also golden zone...keep safe before shortNota
still above the golden zone.Nota
it might be drop base drop.Nota
wait until the base to push higher...Nota
more liquidity lies below. keep safe before long again.Nota
If possible look for bearish from this side.Nota
Some times again takes the topside liquidity and again falls back.Nota
base is already pushes the price previously...but this time probably not...so targets are base high,
and liquidity below base high
and 50% of base.
Nota
head and shoulders as well...pls wait for the price to tap into this area.... otherwise they will take it topside.
Nota
price enters into the area of resistance...wait for the price to clears the trendline liquidity and fails to move up again. then will go for shortside.Nota
trendline liquidity done...its time to think for bullish or bearish.Trade fechado: objetivo atingido
Target1 done at base HighTrade fechado: objetivo atingido
Target 2 at ,Liquidity Below Base is done...Trade fechado: objetivo atingido
Target 3 is done....close longs for now...
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Also share your thoughts in the comments section.
Thanks for your Support **
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