Only Nifty is Long if it closing above 16624 daily Charts.
Only short Nifty if it closing above 15672 daily Charts.
Other wise Let it dance between these 2 Levels.
Nifty already tested 16400 4 times & if it keep on getting rejection from these level then it may start losing strength .
Dow Jones already 20% less ( Means Bearish Trend ) from itrs recent High. So plz be cautious .
Follow the levels .
Only short Nifty if it closing above 15672 daily Charts.
Other wise Let it dance between these 2 Levels.
Nifty already tested 16400 4 times & if it keep on getting rejection from these level then it may start losing strength .
Dow Jones already 20% less ( Means Bearish Trend ) from itrs recent High. So plz be cautious .
Follow the levels .
Comment:
SGX Nifty getting same resistance 16380 ( Near 16400 )
Comment:
See Today it got Reversed from the same resistance zone .
There is also trendline resistance near 16500.
Hope it helped.
There is also trendline resistance near 16500.
Hope it helped.
Comment:
Now as we can see Nifty is giving closing above 16624 on daily charts.
All indexes SGX , DowJones , NSDAQ etc looking good.
We can go long in Nifty.
All indexes SGX , DowJones , NSDAQ etc looking good.
We can go long in Nifty.
Comment:
Nifty is trying to Break the Weekley trendline & also trying to retest the Channel .
If give closing on daily charts below 16400 , then become Bearish otherwise Bullish is intact.
If give closing on daily charts below 16400 , then become Bearish otherwise Bullish is intact.
Comment:
Only Nifty is Long if it closing above 16624 daily Charts .
Trade closed: target reached:
I think Nifty is closing below 15728 daily Charts .
Now Nifty is not Long.
Now Nifty is not Long.