InsiderB
Long

Nifty : Catching the Falling Knife !

NSE:NIFTY   Nifty 50 Index
Hi Guys !
Yes, going against the trend is catching the falling knife, but if you have the skills, there won't be any fear. From the Nifty             chart we can clearly see that there is cypher within Gartley . I expect the cypher to give Gapup open today. If the cypher fails & support is also broken, we do have another potential Gartley completion around 8620's. Those who are trailing stops on short trades, will enjoy Nifty             if that happens.
Just another note, some believe that if there is support or resistance zone is marked Nifty             should bounce like ball after hitting the zones. No Guys, its just an area on chart where Nifty             can take a break,relax and regain its stamina to proceed on any direction, sometimes Nifty             or any other scrip broke support/Resistance in seconds. That doesn't mean its not working. Hope this clarifies about support / Resistance.

Happy Trading !
can you please post yr view on PNB . Thanks
+1 Reply
InsiderB priya61
Sure, will do after sometime !
Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out