In the previous post I mentioned that the 4 hour time frame is in bullish mode with 5750 as trend changer.
Well today the Nifty is still above the 5750 levels and has closed the down gap in first hour of trading itself.
Coming to color of Nifty
Daily --> Buy mode from Lev Buy and Weekly --> Buy mode with 5700 as crucial trendline system level.
Today's volume signature needs to analyzed closely as it can provide the future stock movers.
Well today the Nifty is still above the 5750 levels and has closed the down gap in first hour of trading itself.
Coming to color of Nifty
Daily --> Buy mode from Lev Buy and Weekly --> Buy mode with 5700 as crucial trendline system level.
Today's volume signature needs to analyzed closely as it can provide the future stock movers.
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