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209
If something goes unnecessary crazy way, ask yourself - why? This way you can easily predict the trap. Today mostly those retail got trapped who were in FOMO from the result news of yesterday and institutional inflow. People generally dont understand the inflow data breakdown like where the inflow money is getting settled - long term equity or short term derivatives only.
209
People are so crazy that despite of heavy selling volume, they all go liquidated and even small buy volume making spike
209
Too aggressive movement at CE side but not that much at PE side. Looks like on Monday the gaps likely to be filled first.
209
It is ignoring the divergence....if it will break upside, it will break with aggressive bull volume else the current zone will become a distribution
209
this is a very basic trap.. if something has reverted today several times from same level, there is a very low chance it will break and if you see carefully, it reverted / fakeout quickly
209
I have doubts if Nifty will shoot just like that.. to sustain upside, it should fill the gaps below
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