NIFTY50 CMP - 22754
Although NIFTY50 is trading at its ATH & making new ATH everyday but NIFTY50 is looking lil tired.
Crude at $90, High bond yields, Bullion at ATH, Weak global sentiment & Weak US markets - nothing looks in favor of bulls.
It would be interesting to see if bulls keep on buying & take NIFTY50 to 23k or is it time to be cautious and book longs & create some shorts.
Although NIFTY50 is trading at its ATH & making new ATH everyday but NIFTY50 is looking lil tired.
Crude at $90, High bond yields, Bullion at ATH, Weak global sentiment & Weak US markets - nothing looks in favor of bulls.
It would be interesting to see if bulls keep on buying & take NIFTY50 to 23k or is it time to be cautious and book longs & create some shorts.
Trade active
Warned longs at 22754250 points down in just two days from there.
Trade active
CMP 22320434 points down straight from my mentioned level!
Trade closed: target reached
NIFTY opened at 22125 & Nifty CMP 22110645 points down straight from my mentioned level 22754 in just 3-4 days.
22000-22150 is a strong support zone for Nifty. These levels may not break easily so I think it's good time to look for buying opportunities in stocks with good fundamentals.
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Join me, I'll guide you to PROFITABLE TRADING.
Connect with me directly on WhatsApp: +91-9915885530
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.
Trading isn’t a gamble. When skill meets discipline - profit becomes the natural outcome.
Join me, I'll guide you to PROFITABLE TRADING.
Connect with me directly on WhatsApp: +91-9915885530
Join me, I'll guide you to PROFITABLE TRADING.
Connect with me directly on WhatsApp: +91-9915885530
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.