dhami2836

last hope is 50 month ema 10250-10300!

Short
NSE:NIFTY   Nifty 50 Index
>> panic is created by long liquidation not by shorting and still almost 1.3cr put are outstanding in monthly march series!! people are still hoping for recovery and it will lead to much lower level in nifty!
>> next destination 10000?? or 9600??
Trade closed: target reached: very serious selling 9600 done

Comments

Any idea on the next move
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what is the trade for nifty tomorrow, will it touch 10000 or 10700
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dhami2836 ramaraogadi
@ramaraogadi, 10250 to 10500
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how will the nifty open tomorrow
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Whats next after taking support from 50 month ema and fib 38.2 both? How much retracement you see from here? Till 11107(38.2 % retracement of current fall from 12430) or less or a next wave till 12600?
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dhami2836 rohitpuri
@rohitpuri, ya it will retrace 11100 but it has higher chance to touch 10000 or even 9600 before retracing
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How to publish charts here
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dhami2836 singhnamrata
@singhnamrata, in comment or on this platform?
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Great observation, analysis and follow up!
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