NIFTY is all set for it's next UP move (more than 200 points).
Points to be noted (BULLISH SIGN): 1. Recent low 5210 has not taken out for last 3 trading session. I feel today or next coming days in this week NIFTY won't go below 5210 level. 2. On 30th June(ie month end) NIFTY rallied for 70 points & confirmed Monthly is still UP (ie May month high is 5278, NIFTY managed to close above this level) 3. Monthly U-turn level using synthetic swing was @ 5298 (NIFTY managed to close above this level & closed @ 5312) 4. Finally as we are in to downward phase (ie Full moon to no-moon), so NIFTY is building a base. from next Monday we will be in UPWARD phase. Will NIFTY continue it side ways till this weekend? or as we had doji yesterday we will reverse from today?
NIFTY is all set for it's next UP move (more than 200 points).
Points to be noted (BULLISH SIGN): 1. Recent low 5210 has not taken out for last 3 trading session. I feel today or next coming days in this week NIFTY won't go below 5210 level. 2. On 30th June(ie month end) NIFTY rallied for 70 points & confirmed Monthly is still UP (ie May month high is 5278, NIFTY managed to close above this level) 3. Monthly U-turn level using synthetic swing was @ 5298 (NIFTY managed to close above this level & closed @ 5312) 4. Finally as we are in to downward phase (ie Full moon to no-moon), so NIFTY is building a base. from next Monday we will be in UPWARD phase. Will NIFTY continue it side ways till this weekend? or as we had doji yesterday we will reverse from today?
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can nifty cross 5500 in july
ReplyDeleteplease tell i m holding 5500 call @ 38
Ankit,
ReplyDeleteToday BUY some quantity around 5200 level & average your position. NIFTY likely to take U-TURN around 5200 level.
I feel from today afternoon we will be highly BULLISH. SL -5190 (closing basis)
Yesterday there is DOJI pattern in chart, so today will be TREND reversal day.
Ankit,
ReplyDeleteNIFTY is all set for it's next UP move (more than 200 points).
Points to be noted (BULLISH SIGN):
1. Recent low 5210 has not taken out for last 3 trading session. I feel today or next coming days in this week NIFTY won't go below 5210 level.
2. On 30th June(ie month end) NIFTY rallied for 70 points & confirmed Monthly is still UP (ie May month high is 5278, NIFTY managed to close above this level)
3. Monthly U-turn level using synthetic swing was @ 5298 (NIFTY managed to close above this level & closed @ 5312)
4. Finally as we are in to downward phase (ie Full moon to no-moon), so NIFTY is building a base. from next Monday we will be in UPWARD phase. Will NIFTY continue it side ways till this weekend? or as we had doji yesterday we will reverse from today?
Ankit,
ReplyDeleteAverage your position when NIFTY is around 5210 level SL-5190 (closing basis)
Don't worry @ all (as TREND is our friend) we should go beyond 5480 level before major FALL
NIFTY is all set for it's next UP move (more than 200 points).
ReplyDeletePoints to be noted (BULLISH SIGN):
1. Recent low 5210 has not taken out for last 3 trading session. I feel today or next coming days in this week NIFTY won't go below 5210 level.
2. On 30th June(ie month end) NIFTY rallied for 70 points & confirmed Monthly is still UP (ie May month high is 5278, NIFTY managed to close above this level)
3. Monthly U-turn level using synthetic swing was @ 5298 (NIFTY managed to close above this level & closed @ 5312)
4. Finally as we are in to downward phase (ie Full moon to no-moon), so NIFTY is building a base. from next Monday we will be in UPWARD phase. Will NIFTY continue it side ways till this weekend? or as we had doji yesterday we will reverse from today?