Nifty wyckoff

٦ أغسطس ٢٠٢١

current move in nifty seems re accumulation and today after coming in range nifty didnt move strong enough to show sign of weakness over all volume was very low. At the end of the day we can see some sell volume increasing but the down side effect was limited and next bull candle engulfed the prior 50 % move with good volume suggesting possible support. For tomorrow we can see nifty trying to break out of the range.