*Nifty levels for Upcoming sessions*
(Daily frame chart used for analysis)
*Chart Pattern & Trend*
Trend#3 was shifted to Trend#2 & Last two candle had taken support at Trend #2.Now if it continue to remain trend, then it need to break very strong resistance 12000.-Be Alert
*PE*
Last PE is All Time High PE,We can see little bit correction at this level- Be Alert
*RSI*
RSI is 68 ,Near to supply zone.Still there is little bit space to be in remain trend but other factors are in Alert zone- Be alert
*FII & DII Activity*-
FII-
Buy Value:6586.24 Crores
Sell Value:5607.86 Crores
Net Value: 978.38 Crores
DII-
Buy Value: 4992.59 Crores
Sell Value: 4972.74 Crores
Total Value:19.85 Crores
FII & DII are pumping the market ,As a retail trader be alert at this level.
*SXG (Singapore) NIFTY 50 Future (Current Contract ) closed at 11973 ,which is almost 12000.
*Trading Range*
If hold 11900 then we can see 12000/12050.
If failed 11900 then we can see the level 11750/11700/11600.
(Daily frame chart used for analysis)
*Chart Pattern & Trend*
Trend#3 was shifted to Trend#2 & Last two candle had taken support at Trend #2.Now if it continue to remain trend, then it need to break very strong resistance 12000.-Be Alert
*PE*
Last PE is All Time High PE,We can see little bit correction at this level- Be Alert
*RSI*
RSI is 68 ,Near to supply zone.Still there is little bit space to be in remain trend but other factors are in Alert zone- Be alert
*FII & DII Activity*-
FII-
Buy Value:6586.24 Crores
Sell Value:5607.86 Crores
Net Value: 978.38 Crores
DII-
Buy Value: 4992.59 Crores
Sell Value: 4972.74 Crores
Total Value:19.85 Crores
FII & DII are pumping the market ,As a retail trader be alert at this level.
*SXG (Singapore) NIFTY 50 Future (Current Contract ) closed at 11973 ,which is almost 12000.
*Trading Range*
If hold 11900 then we can see 12000/12050.
If failed 11900 then we can see the level 11750/11700/11600.
Comment:
Don't short ,SXG Nifty is currently 37 point up
Comment:
Again formed a fine Doji ,,,Pls be alert......Pls be alert....