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Posted on March 04, 2020 06:22 pm
Despite Trend Being down in Banknifty and strong red moves Intraday..we can see there are buyers buying at sharp dips. Buying sharp dips is the first sign of Trend shift underway. I have marked the tails in the EOD Banknifty below. Sharp dip and bounce leads to sharp buys very soon.. Wait for technical bull strength and let the winner run. Ignore fundamentals and focus on chart Reading !!!
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Technical trader is born out of passion. Passion to learn, Trade and share about Technical analysis of the Stock Markets. We all know context is the important aspect of technical analysis. The Sustenance of a big move or a breakout of a particular stock depends on the context in which the breakout is happening. As a Traders coach we teach you how to develop context and trade the stock market. Especially the Nifty and the Bank Nifty.