Monday, January 20, 2020

Bearish Engulfing

Bears have grip on market and we observe shortsellers in intraday, hanging man accompanied with bearish engulfing we can expect downtrend in coming days with support levels @ 12170-12125 one can continue to have bear spread or risk averse enter into iron condor for Jan expiry.
Imp lesson : Mocking twitter gurus might help in understanding strategies but conviction is within you learn to read charts depend on self not Twitter gurus.