dinesh123456789

nifty in bear grip

dinesh123456789 Updated   
NSE:NIFTY   Nifty 50 Index
Nifty today taken a big hit along with relative indices like MIdcap smallcap and other allies

though the near term perspective is sell , few stocks nearing the intrinsic value seems providing the opportunity to buy

long term investors stick to buy and hold

shortterm buyers stay away.

nifty may provide opportunity to sell at 22150 by tomorrow and then there is a possibility to test 21870 and 21600 levels near term

FYI
Trade closed: target reached:
Niftyt as predicted moved moved to 22150 and still stretched till 22200, then made a fall till , 21900 , and then bounce till 22115, then again fell up to 21701 (as we predicted till 21870 and 21600)

But this correction provides us an opportunity to enter in some quality stocks

further move awaited not predicting
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