nifty is going to open more than 200+. for NSE:NIFTY by Kinnari_Prajapati

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nifty is going to open more than 200+. At opening (b) control price can react as resistance, otherwise, the next resistance at (a) controlled is too far at 9414 nearby.

There's more chance to get a fall on nifty .

As per the time cycle nearby date 20 April, we may see nifty 8800 below.

Comment: Resistance is 9414 nearby.

Comment: Be careful.. wait for resitance 9414

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Comments

@Kinnari_Prajapati - At what Strike price we should short it

sagarkandekar929

@sagarkandekar929, for intraday u r view

nifty for btst my view .

sagarkandekar929

@sagarkandekar929, today closed almost at your level. It will break on Monday????

Manoj_ooha

@Manoj_ooha, resistance is hit again and again making it more weaker,my view is it should break resistance next week

"Nifty is going to open more than 200+ points on Monday" - sounds like BS to me.
From 12430 it fell to 7511, a total of 4919 points. x 0.382 = 1879 + 7511 = 9390. That will/should be the high for Monday.

Once that is reached, Nifty should resume falling.. "Sell in May and Go Away" - you will see this in news again!

ramgorre

@ramgorre, todays high is 9390 till now. So short sell now ?

NiravMehta

@NiravMehta, Dude, I am not active here. Yes, you can short anywhere with 9390 SL.

Also I did not understand once u activated this trade here and said to wait for and be careful about 9414 nearby resistance then why did u abandon this trade or post... because we kept waiting for you to complete it or abort it.... but no revert came. Why? Just curious to know? Regards