Current update of these 55 min charts. Scenario looks precarious
For people commenting on that thread that " bola tha" or " you are wrong", kindly get a lesson in basic comprehension
This was a probable head fake which I have explained earlier. Longs playing the breakout/bounce are trapped now. 17440 and 40500 remains the critical breakdown points. Stops remain at 18100 and 41800
This is a SGX Nifty hourly chart which I had shared yesterday morning ( updated till now) on #sentient with a target of approx 17400-440. That's what this simple pattern analysis has been saying. The Trend/Vol indicator remained RED /bearish despite the sharp gap up and rally
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