Hi Traders, As usual, I provide the next plan for next week. Many traders earn from the analysis you also be one of them if you strictly follow every instruction shown in the plan and going through the details of execution through video. the link has been provided in the comment box.
sir this gap up is retest of bears by bulls in both indices. could be remain rangebound for 1st half..then may continue downtrend
bhaavinashar
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It seems to be in the range of 31800 and 32400
bhaavinashar
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Today high possibility of an inside day on both indices, yesterday last 30 mins seemed forced selling to spread fear and todays gap up seems to be confirming trapping the bears.
yvatsji
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@bhaavinashar, with this move Is your statement still valid?
bhaavinashar
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@yvatsji, market is always right sir. As it did not form an inside day, it got invalidated by day end. But I am curious to learn why the bulls did not cross the earlier red line at 32480?
yvatsji
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@bhaavinashar, i will try to quench this query of yours with mail one.