bbrijesh

Sep 30, 2016 7:36 AM

Nifty - Good Bye 9K in 2016? Short

NSE:NIFTY1W

Nifty 50 IndexNSE

Description

⋅ Sep 30, 2016 7:36 AM

*Dumpling Top
*Trendline resistance
*Negative crossover on MACD

Blur chances of 9K in 2016.

Trade active

⋅ Oct 5, 2016 6:53 AM

Bearish formation on weekly and now daily forming lower high & probable Bearish Belt Hold (today's candle).
*Cautious for bulls is last week low of 8,809.

Comment

⋅ Oct 5, 2016 7:13 AM

Correction: Low of 8555

Trade active

⋅ Oct 13, 2016 10:06 AM

Bears rule....

Trade active

⋅ Nov 9, 2016 5:45 AM

Bears are having great time....Bulls will be in action only above 8,700

Comment

⋅ Nov 10, 2016 2:48 AM

Expected ~8100 (200DMA) which is achieved..swings might continue and trend change level would be only above 8,700.

Comment

⋅ Nov 21, 2016 10:21 AM

Nifty retraces 50% of 6825-8968....

Wanna join Good Bye 9K in 2016 or still a hope ;)

Comment

⋅ Dec 22, 2016 10:52 AM

Bearish trend intact till 8335 is not crossed.

Comments

s.aradhye

⋅ Sep 30, 2016 8:04 AM

I believe this is valid if Nifty daily close below 8510

bbrijesh

⋅ Sep 30, 2016 8:35 AM

Agreed..for confirmation

yuvrajsingh7722

⋅ Nov 21, 2016 10:28 AM

very nice..cheers...

VadivalPranchi

⋅ Oct 13, 2016 10:10 AM

I had never heard it from any social network,I fed up up with the 9000-10000 bla bla from idiots in the blue box.Let us request Modi to do a surgical strike on this Idiots and bombard the channel.

Girish

⋅ Oct 5, 2016 7:15 AM

As always, nice chart, Brijesh.

My 2c -- NF support on daily in the 8550-80 zone. So long as that holds, all good - that's my view.

bbrijesh

⋅ Oct 5, 2016 7:32 AM

Thanks ;)

InsiderB

⋅ Oct 1, 2016 7:40 AM

I would love to see Nifty below 8k :P

bbrijesh

⋅ Oct 1, 2016 3:26 PM

Hahaha...Aap to Bulls ko maar hi daloge ;)

InsiderB

⋅ Oct 1, 2016 3:27 PM

Bull or Bear, everyone love that ride ;)

bbrijesh

⋅ Oct 1, 2016 3:32 PM

Yes