sandy
Long

nifty seems breaking out

NSE:NIFTY   Nifty 50 Index
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long with sl below 10730 for tgt of 11270 .as per time late april or month may seems to give top of this bull leg till 12100-12250.
as per my analysis only exit after that without being emotional for election results.9300-9400 band seems high probability till jan 2020.
Comment: 11270 tgt done today. as per time as well tomorrow should be the last trending day one can take contra trade for tgt 11150. with closing sl above 11380.
Comment: market is on the guided path as per price and time analysis .
Comment: market is ready to end this correction around 8th aug .geat ready for short term shopping or put writing.
Sandy Ji. Can we see 11600 in this Aug Series before next round of selling starts?
Reply
sandy Vetrichelvan
@Vetrichelvan, i am so sorry i could not see ur msgs earlier.11600 should not come this year as per my calculation my eye is on 10080 first and 9460 my final tgt .
Reply
@sandy,

Thanks on your response. Now that market fierce fully rallied 450 points from 10637 and now at 11060 levels . Looks like 11600 possible or is this sell on rally. May be we go towards 11400 and then fall again. May I have your mail ID please. Thanks
Reply
Hi Sandy,been following ur nifty analysis so as per ur reading tom ie 8th August we should end correction and upto what levels of bounce ur expecting from ur told 10680-10720 zone.Thanks in advance.
Reply
sandy KunalDas81
@KunalDas81, sorry again could not see ur msgs earlier.i was expecting 11237 spot level but it reversed from 11181 spot nifty.now further 10980 will be very good resistance even on hourly closing basis. i am purely bearish in this market..would love to sell every rise
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