Market likely to stay in consolidation

٤ أغسطس ٢٠٢٣

NIFTY Market is likely to be in a consolidation,
however the range could be S:19440 R:19500 (S=support & R=resistance)
this analysis is based on 15m candles
I am slightly bullish to neutral on todays trend, so i would avoid bearish trade because of the sideways trend
if anyone is planning for CE its better that 15m candle breaks the "R" and give a fresh candle above it
Thank you! and please follow for more analysis like these

٤ أغسطس ٢٠٢٣

ملاحظة

Also formation of bullish pin bar 10:30am and hammer 10:45am

٤ أغسطس ٢٠٢٣

ملاحظة

Can go for CE on retest
i.e. a red candle then a you take entry in the next green candle