Re: Time to Stick my Neck Out ,Nifty 7300
In a 10 min chart what i understand:=
The 12's Bar High to 12.10's Bar Low has Set a approx Range ;between 4505 & 4456.00.
After that it was hovering in that Range.
The Gains of 12th was not completely thrown away.Yesterday's Low of 12 Noon Bar to
the High of 3.10's Bar ,this was the Gain;today most of the time it was above 38.2 %
retracement & got support at 50 % retracement.
At Higher Level there was always Supply & Covering at Lower Levels.
Hence Mkt has set a Range ,let us observe Monday's movement.