Comment:
10500 has highest oi buildup. can show some selling preassure - but again use it as an buying oppurtunity for 10650 levels
Comment:
Comment:
dip should be used to buy
dip should be used to buy
Comment:
like said dip should be used to buy we got a very good dip in morning
target intact 10600
target intact 10600
Comment:
We may see a big move in a day or two towards 10650+levels
Trade closed manually:
Negative diversion on RSI hence closing trade manually.
Helo.
In daily charts,Isnt nifty forming a head and shldr pattern?
if true then it shall turn soon down to 10k again
In daily charts,Isnt nifty forming a head and shldr pattern?
if true then it shall turn soon down to 10k again
Reply
@GowriShankar, i dnt find it correct and if its correct let fir level break and if it breaks neckline big fall will be there and again if it falls i wil personally look that as a buying oppurtunity . but i dnt think this pattern whoever has made is correct .
also if ur considering 10480 as soulder then nifty has already closed above that level today
also if ur considering 10480 as soulder then nifty has already closed above that level today
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@GowriShankar, http://prntscr.com/j5w6ui
failure of head n shoulder is shown above in screenshot kindly check
failure of head n shoulder is shown above in screenshot kindly check
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@KumarAbhilash, thanks fr u r insight. u were the only one who said to go long in nifty at 10500 and it worked.So i guess that head and shld pattern is wrong.
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Agree in toto, though I'll keep my SL little bit extra because of sudden volatility, I am hopeful that with in 2 - 3 months we will retest previous all time highs.
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