Nifty Futures Trading

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Sunil

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after a long time, seeing a completely mixed picture with all indicators & price movement...
leading to hesitancy in initiating any position

waiting & observing any chart formation
 
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uasish

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See the 1 min chart showing some type of fight back signal by Longs.

1) A 'W' formation.
2) Pull back above earlier down moves Retracement path.
3) Nearing to Resistance of 3473 from 3450 .

Now to look for whether 3473 can be crossed & can sustain that then good for Longs.
 
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