FAHEEMSAM

NIFTY - ONE MORE INDICATION TO PROVE MARKET IS BULLISH

Long
FAHEEMSAM Updated   
NSE:NIFTY   Nifty 50 Index
A RESISTANCE IS PLACED FOR NIFTY AND IT IS SAID TO BREAK WITHIN THIS WEEK. NIFTY HAD A BULL RUN LAST 2 MONTHS DUE TO RELIANCE ALONE. NOW THE TIME HAS COME FOR OTHER STOCKS FOR FLY. KEEP AN EYE ON NIFTY AS WELL AS BANKING STOCKS BECAUSE THAT IS GOING TO BE IN A BULL RUN FOR THE REST OF THE MONTH.

  • BANK STOCKS SHOULD BE IN WATCH BECAUSE BANKNIFTY IS UNDERPERFORMING FOR A WHILE NOW
  • THEN IS OUR BULLS - DEFENCE STOCKS - THE VERY AMAZING NEWS IS GOING TO BE THE NEXT ROCKETS
  • PAINT COMPANIES (ASIAN, BERGER) ALSO IS IN THE RETRACEMENT AFTER WHICH WE CAN SEE A BULL RUN IN THAT TOO
  • PHARMA IS NOT GOING TO BE BULLISH ENOUGH FROM NOW ON.
  • ZEEL SHOULD ALSO BE IN WATCH AS THEY WERE ARE NOW IN A OVERSOLD ZONE
  • OTHER STOCKS INCLUDE HEVELLS, INFRATEL, AMBUJACEM
  • KEEP IN MIND RELIANCE IS NOT GOING TO PERFORM WELL AND CAN GIVE SHORTING OPPURTINITIES ATLEAST THIS WEEK

Beware : Please keep in mind to stay away from pharma and reliance
Also this is not any recommendation, This is only for educational purpose.
Trade at your own risk.

comment down your expection of the market in the coming days and please like if you agree with my statements
Comment:
Nifty looks bullish above 11300
Look for bank stocks and banknifty when banknifty crosses 22000
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