We’re observing a minor gap up opening today but the condition | The Financial Analyst
We’re observing a minor gap up opening today but the conditions still remain highly uncertain.
I suggest to stick to intraday trading with a quick profit booking approach until either 17150 breaks down (approx low of 29th August day candle) or 17800 breaks out ( approx high of the 30th August day candle).
Please be mindful of the charts before taking up a decision, the charts suggest that the past couple of days were in a high turmoil territory and unless we get out of this territory, the situation will remain unstable. Sit out if you don’t find anything worthy for your hard earned capital.
