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Bedroom_Trader_
Sep 4, 2020 4:09 PM

Nifty : Testing the final Support Long

Nifty 50 IndexNSE

Description

Uptrend may continue from here.
Comments
sachinkahrana
i think its breakdown, not support.
mcpriceaction
@sachinkahrana, agree with your understanding, nifty in short term is bearish, soon 11250, 11200 may be seen.
However if turn oposite then 11500 and 11600 is not far away
Trend is your friend otherwise it's your end
Overall @precision agree with your view and done a gud analysis.
Stay tuned to mcpriceaction
Bedroom_Trader_
@mcpriceaction, "Market will Fall" it's an easy catch and market isn't that easy. Hoping for the best @sachinkahrana and thank you so much @mcpriceaction .
sachinkahrana
@Precision_ai, i got my 1:3 in nitfy... hope you will wait for your stoploss lol
ckirtane
good observation ,try to catch nifty as near as 11200 for gain of 1000 points in one month.(max 08 oct 20)
Bedroom_Trader_
@ckirtane, Thank you. Desperately waiting.
dev161971
Perhaps majour support have been breached. Nifty going for fall.
Bedroom_Trader_
@dev161971, A correction may be seen then.
mcpriceaction
@dev161971, agree with your view major support after retesting seems to be become week
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