Nifty futures had the narrowest range today in the last 7 days. The index had narrowest range y'day also at 76 points. Today the range was 69 points.
The index gave a higher close above y'days high with a slight upside gap.
Any continuation above 5742 (todays high) is a bullish sign as this particular trade setup is based on the narrow range of last 7 days.
No comments:
Post a Comment