NIFTY VOLATILITY IS CONTRACTING
As a Swing trade i am in a bullish bias right now. Because RSI is trading above > 50 levels.
NIDTY is in a very Narrow range . Candle sizes are small. More red candles in A Row.
This move suggest that there is a Chance to Enter NIFTY into the Bearish Territory.
Will buyers Hold or sellers win the Game.
There is a High probability the Range could be broken on upside because the Higher timeframe RSI in The Bullish territory.
Wait & Watch . Do not plan for Directional till the move is Confirmed with the Strong Buyers presence.
HAPPY TRADING
NIDTY is in a very Narrow range . Candle sizes are small. More red candles in A Row.
This move suggest that there is a Chance to Enter NIFTY into the Bearish Territory.
Will buyers Hold or sellers win the Game.
There is a High probability the Range could be broken on upside because the Higher timeframe RSI in The Bullish territory.
Wait & Watch . Do not plan for Directional till the move is Confirmed with the Strong Buyers presence.
HAPPY TRADING
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