Is The Indian Share Market Prepared for a crash?

Wow! What an excellent day it was right this moment.

Did you take pleasure in that nice volatility right this moment?

If sure then nicely performed.

If not, then no concern, you certainly have discovered one thing from right this moment’s market.


Let’s have a look what occurred available in the market right this moment. –>

As you noticed right this moment, the market opened sideways. Which is a good signal of vendor’s stress available in the market.

However did that stress proceed within the Indian Share Market?

Effectively not precisely. As a result of at first the market confirmed an excellent upside motion.

Which was sufficient to present some false breakouts and lure the noob merchants.

After that, the market simply got here close to to its opening value. By which we will perceive that sellers are rising available in the market.

And this assertion got here to be true.

The market got here down, went a bit of up, after which once more got here down and created a brand new day’s low.

If the market creates a day’s low. This implies the market is very bullish and we must always take our commerce accordingly.

Simply have a look at the 15 min chart of Nifty.

It clearly exhibits us that market is making decrease lows formation.

And plan your commerce accordingly.

So what about Tomorrow–>

1-day chart of Nifty on 29.12.21

So in response to the 15 min candle in NIfty, the market is making decrease lows formation and the final candle was inexperienced.

This means that tomorrow can open a bit of up after a while it is going to go down.

The market can go down beneath right this moment’s low.

And in response to the 1-day timeframe in Nifty, The market can go in direction of 17300 simply, after which it is going to come down.

So please maintain these above components in thoughts and plan your trades accordingly.

Even if you happen to face any drawback available in the market do let me know within the feedback.

Until then see you.

Maintain calm and continue learning.

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