Manas_Nayak

Hammer, Hammer, Hammer!!

NSE:NIFTY   Indice Nifty 50
On 21st april market was on a uptrend and makes a bullish hammer and rides 100points upwards from 17314.55(Nifty50 INDEX) touching 17414 so i planned if on 22nd april it opens flat and takes a dip till 17314 i will go for buy but market opened on a negative note with a #Gapdown and when index travel from low to upper side so in my trade plan 17314 going to act as a Support but as market is below 17314 when it touched 17314 it act as Resistance and i short the index !! #Market is Supreme
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