Nifty and Bank Nifty futures have reached target of 5225 and 1000 levels. Post here.
The daily and weekly color is still Lev Sell so the shorts imitated at 5490 and 10600 are partial closed and the rest will be closed at proper exit signal.
The market is showing signs of extreme bearishness at these levels which can lead to some bounce or range mode since we cannot know when that happens the rest of shorts are continuing so that we should not be left out of any down move.
The Nifty index is still to show any sign of strength on hourly charts. The Bank Nifty though has shown signs of strength and is holding the levels of 10000.
The daily and weekly color is still Lev Sell so the shorts imitated at 5490 and 10600 are partial closed and the rest will be closed at proper exit signal.
The market is showing signs of extreme bearishness at these levels which can lead to some bounce or range mode since we cannot know when that happens the rest of shorts are continuing so that we should not be left out of any down move.
The Nifty index is still to show any sign of strength on hourly charts. The Bank Nifty though has shown signs of strength and is holding the levels of 10000.
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