NIFTY- WHAT CAN HAPPEN TOMORROW ON WEEKLY/MONTHLY/YEARLY EXPIRY?
Nifty at this moment, at a situation of MAKE OR BREAK..
if IT CROSSES OVER 12240-250 ZONE . THERE IS HIGH PROBABILITY OF BREAKING 12300 AND EVEN FURTHER REACINH 12400 LEVELS
BUT IF TRADES BELOW 12202 AND 12185 LEVELS, THERE IS HIGH PROBABILITY OF GOING DOWN TO 12150...12103....12050
LOOKING AT VOLUME AND PARTICIPATION IN LAST TWO SESSIONS, AND INDIA VIX <12 , LOOKS LIKE A BORING EXPIRY WITH NO HERO ZEROS...
BUT EXPIRY IN INDIAN INDEX IS SOMETHING...AND SOME MOVEMENT IS SURELY EXPECTED IN ANY SIDE...
SO BE WATCHFULL TO THE LEVELS GIVEN ABOVE..
ALSO ITS TRADING NEAR UPPER DAILY BOLLINGER BANDS...HIGH PROBABILITY OF FALLING FROM THERE...
HOWEVER, OUR DAILY MACD AND AWSOME OSCILATOES ARE STILL POSITIVE...
SO, ITS WISE TO WAIT AND WATCH THE LEVELS TOMORROW...IF ANY IS BROKEN UP OR DOWN, THEN TAKE CALLS WITH STOP LOSS LEVELS STRICTLY...
THIS IS MY VIEW ONLY...DO TRADING AS PER YOUR ANALYSIS ONLY.
if IT CROSSES OVER 12240-250 ZONE . THERE IS HIGH PROBABILITY OF BREAKING 12300 AND EVEN FURTHER REACINH 12400 LEVELS
BUT IF TRADES BELOW 12202 AND 12185 LEVELS, THERE IS HIGH PROBABILITY OF GOING DOWN TO 12150...12103....12050
LOOKING AT VOLUME AND PARTICIPATION IN LAST TWO SESSIONS, AND INDIA VIX <12 , LOOKS LIKE A BORING EXPIRY WITH NO HERO ZEROS...
BUT EXPIRY IN INDIAN INDEX IS SOMETHING...AND SOME MOVEMENT IS SURELY EXPECTED IN ANY SIDE...
SO BE WATCHFULL TO THE LEVELS GIVEN ABOVE..
ALSO ITS TRADING NEAR UPPER DAILY BOLLINGER BANDS...HIGH PROBABILITY OF FALLING FROM THERE...
HOWEVER, OUR DAILY MACD AND AWSOME OSCILATOES ARE STILL POSITIVE...
SO, ITS WISE TO WAIT AND WATCH THE LEVELS TOMORROW...IF ANY IS BROKEN UP OR DOWN, THEN TAKE CALLS WITH STOP LOSS LEVELS STRICTLY...
THIS IS MY VIEW ONLY...DO TRADING AS PER YOUR ANALYSIS ONLY.
Comment:
Further I am not SEBI registered....just publishing my personal vies..
Comment:
It worked Right?