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MrAkshatP
Jun 6, 2017 4:16 PM

Where it will move?? Let's See! Short

Nifty 50 IndexNSE

Description

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..

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following the trend

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Trade active

Comment

coming near to second target

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Argh!! Little resistance at this region 9630-9600

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broke that little resistance

Trade closed: target reached

second target 9575 hit... :D

Trade active

Comment

respecting channel will it break down?
Comments
arumugampillaia
awesome idea!
MrAkshatP
Thank You :D @arumugampillaia
nick007
smoothly following arrow brother gud
MrAkshatP
Thanks bro @nick007, :)
Sanjuda75
Red candle generated seems to be strong .keep watching support 9583 If breaks then possibility to slide up to 9000
MrAkshatP
smghasan7
Very interesting. Many thanks
MrAkshatP
Thanks @smghasan7 :)
Yp2303
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.
Yp2303
Yes 9535 looks certain in few days, but expect june expiry on a higher side towards 9700 sirji, thank you.
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