Possible trace back to POC of day before yesterday

On 15 min charts, Nifty seems to be showing sign of weakness and has spent some time below yesterday's POC and today's average traded value.
This indicates a sign of weakness for the next session, usually Monday openings are supposed to be positive, but I would expect a gap down here. IF sellers are not serious enough we might trace back to current levels within a same trading session but if they are, we might see breakdown below the acceptable traceback ranges and that might be alarming in a positional traders mind.
This indicates a sign of weakness for the next session, usually Monday openings are supposed to be positive, but I would expect a gap down here. IF sellers are not serious enough we might trace back to current levels within a same trading session but if they are, we might see breakdown below the acceptable traceback ranges and that might be alarming in a positional traders mind.
Trade fechado: objetivo atingido
Downward movement target hit, upward is pending now, lets see if we see this in upcoming session.“There are those who think they are studying the market—when all they are doing is studying what someone has said about the market . . . not what the market has said about itself.”
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“There are those who think they are studying the market—when all they are doing is studying what someone has said about the market . . . not what the market has said about itself.”
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.