Nifty - Short term view update -24/02

Nifty - the fall / correction is losing strength. Positive divergence with inverted bullish hammer formed on demand zone, which is a reversal pattern. Shorts need to keep tight SL in system for sure....Budget day low is absolutely critical and any panic sell off can be below it...

Happy Trading.

Trade chiuso: obiettivo raggiunto:

It was a matter of time, the reversal worked out as highlighted in other posts.
Though specifically in this post, the setup didn't got activated due to bad opening next day