Day Trading Stocks & Futures

Riskyman

Well-Known Member
Whats your question? sorry I missed it
Ye tum Nifty Monthly le ke kyon baitha hai bhai??

At the moment its a fractal in the making. We still have 13 days to finish the month and anything can happen. What if there is a recovery and we cose above 12000??? However, assuming it falls, it could fall up to the low of may which is at 11100 something. On monthly candles these individual candle levels have no meaning.
For trend support to break it has to fall below the levels @sanju005ind mentioned. That happens to be 10000 on our Nifty.
 
question from me for my learning.

is it right to expect below script to fall ? if fall what would be low? (if it's not clear, last red candle is lower then prev one)

View attachment 36267
it was clever thought of hiding the script name. :) your chart - Bxxx xxxxY has not yet made the real top. so it wont fall before meeting our targets. i have seen this chart like 1000 times. so could not help it. :)
 

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