NIFTY is at upper end of expanding triangle... pattern implication calls for some more correction limiting itself to 8400-8500 levels.
Today was the 3rd day of lower high lower low candlesticks.
Option writing points to support at 8600 and resistance at 9000 levels.
EOD charts:
Intraday charts:
Nothing much to comment... a day of whipsaws except for the last trade (short).
Today was the 3rd day of lower high lower low candlesticks.
Option writing points to support at 8600 and resistance at 9000 levels.
EOD charts:
Intraday charts:
Nothing much to comment... a day of whipsaws except for the last trade (short).
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