Índice Nifty 50Viés de alta
Nifty: Last Move is Pending
Atualizado
As I mentioned in my Pervious Post that 17000-17400 is a Supply Zone but price action is Suggesting that Nifty created strong base near 17200.
In any case it will sustain below 17200 than 17400 will become a Resistance. Also there is a absent of POC in this Zone which is a good sign for a long position.
In any case if it will sustain above 17400 then it may test its next supply zone @ 17800-17950.
Bottom line is I will avoid Short position above 17200.
Please refer to my pervious post for my current positions.
In any case it will sustain below 17200 than 17400 will become a Resistance. Also there is a absent of POC in this Zone which is a good sign for a long position.
In any case if it will sustain above 17400 then it may test its next supply zone @ 17800-17950.
Bottom line is I will avoid Short position above 17200.
Please refer to my pervious post for my current positions.
Nota
Not able to move above 17400 and now trading below 17300.Closed all long position
Current short position in 17450 CE 11 Aug Exp
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