Where it will move?? Let's See!

NSE:NIFTY   Nifty 50 Index
Nifty has made today a Bearish Engulfing Candlestick pattern...

Hope we may see downside...

It may fall upto 9530 regions... And if it brake those levels we may consider it as a channel breakdown..

Targets are 9630/9575/9535

SL : 9705

Note: Do your own study before making any position...

Please Like, Follow and Comment your views below...
Comment: **break
Trade active
Trade active: 9640 is acting as a minor resistance..
Trade active: following the trend
Trade active
Trade active
Comment: coming near to second target
Trade active: Argh!! Little resistance at this region 9630-9600
Trade active: broke that little resistance
Trade closed: target reached: second target 9575 hit... :D
Trade active
Comment: respecting channel will it break down?


awesome idea!
+1 Reply
MrAkshatP arumugampillaia
Thank You :D @arumugampillaia
smoothly following arrow brother gud
+1 Reply
MrAkshatP nick007
Thanks bro @nick007, :)
Red candle generated seems to be strong .keep watching support 9583 If breaks then possibility to slide up to 9000
+1 Reply
MrAkshatP Sanjuda75
@Sanjuda75, yes
Very interesting. Many thanks
+1 Reply
MrAkshatP smghasan7
Thanks @smghasan7 :)
My expectation is nifty will make a new all time high near 10036 lvl around july/aug.if it remains above 9350 lvl in june. Last five months nifty has made a new high every month. Thank you.
Yes 9535 looks certain in few days, but expect june expiry on a higher side towards 9700 sirji, thank you.