Nifty - Daily TF - Nifty has made a probable doji on daily with oversold conditions now. If we are able to open and maintain higher low even if it is an inside day that might be a signal to cover the shorts and then move on to the longs or stay at the sidelines depending upon the buying that may happen.
Action - Be ready to cover the shorts if not done already.
Note - please dont use this as investment/ trading advise. These notes are for my reference, if this may help you to understand market, it will be sufficient for the purpose of this blog. Thanks.
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