If downtrend will continue in nifty today, it has to break yesterday low of 8731, if it breaks down then 8638 is possible today or in the couple of session,
Can we go long with the stop at yesterday low, It may be good strategy, but if risk reward will not favour long as of now, so let us wait for short trade..,
The same apply to Bank Nifty it has to break yesterday low, 19496, First 5 min candle break yesterday low but it moved up, so we have to see it will break again to go short...
Can we go long with the stop at yesterday low, It may be good strategy, but if risk reward will not favour long as of now, so let us wait for short trade..,
The same apply to Bank Nifty it has to break yesterday low, 19496, First 5 min candle break yesterday low but it moved up, so we have to see it will break again to go short...
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