Nifty - 26300 or 27135 or 28165
Nifty has moved above the inverted head & shoulder neck level indicating further up move and possibly for a Target - 26300 or 27135 or 28165
Hope and wish RBI cut rates or support the markets in some form helping the bulls.
This is positional view and one may expect these targets in 30 to 45 days or more.
Move could be quick in case RBI decisions support the markets.
Once the confidence emerges all the money which went out could enter at higher levels for medium to long term investment opinion.
Price should remain above the neck line. In case of any SL hunting price must move above neck line for bull run to continue.
our markets has turned to be short sellers paradise so option selling is only safer and profitable for positional view.
Hope and wish RBI cut rates or support the markets in some form helping the bulls.
This is positional view and one may expect these targets in 30 to 45 days or more.
Move could be quick in case RBI decisions support the markets.
Once the confidence emerges all the money which went out could enter at higher levels for medium to long term investment opinion.
Price should remain above the neck line. In case of any SL hunting price must move above neck line for bull run to continue.
our markets has turned to be short sellers paradise so option selling is only safer and profitable for positional view.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.