Trading strategies

Nifty Experiences Gap Down, Fills the Gap, and Breaks Below 22,600 Mark, Signaling Potential Top Formation

The Nifty index recently underwent a significant shift in its trading pattern, marked by a gap-down opening, subsequent gap-filling, and a notable break below the crucial 22,600 level. This series of events indicates a potential completion of wave (g) at the top of the market cycle. Technical analysts and traders...