Sanket2305

Nifty Looking Bullish

Long
NSE:NIFTY   Nifty 50 Index
Hello Traders, Hope all are ok with your family.

Here my view on nifty is the bullish reason behind its simple falling edge pattern. It tried 3 times for upper breakout but failed so buyers are forcing to break levels. So, For the Friday market there are maybe 70-80 points gap up or gap down possible and it will react as different colors mark I shown on the chart. Blue indicates gap up opening and will follow mostly as a marker and Pink indicates gap down opening and will follow mostly as marker.

Comments

Great analysis sir, market followed as expected.....!!!
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Sanket2305 mayurt9
@mayurt9, thanks. you can still hold for 15100 levels.
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Sanket2305 Sanket2305
@mayurt9
, haha as i told you done with targets
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FII brought 10250 cr IDX option, does it indicate a big gap down on Friday?
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What's ur view on Biocon & Parag Milk for current term
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Sanket2305 StockWhizzer
@StockWhizzer, Sure bro. Check your inbox. Thanks
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Very nice analysis......Thanks you sir
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Sanket2305 mayurt9
@mayurt9, Thanks sir.
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