nice observation.next weeks closing will b below 8k.
Anoj_Satapathy
⋅
Atleast wait for the next days candle.. what happens if there is pull back tmrw?
tejasdamase13
⋅
Aapka marathi manus...
Wa wa...
Khup chan....
Bhau udya marcket khali jail ki varti....
ravirajendran
⋅
Yes i agree your comments but current economic situvations are worst thats the reason FII with drawn money 10000 crore from indian market
ravirajendran
⋅
Nifty is overvalued even till date as per PE ration actual it should be 6700 to 7500 based on the growth rate
sagarkandekar929
⋅
@ravirajendran, current market value is nothing but total market cap.of nifty companies. market always look for forward p/e multiple for future earning growth . it has nothing to do with current earning growth or gdp no . for example the us gad growth has contracted in range of 2.3%-3.4% ,now for years , still market are up 16-25% up .so, market valuation is different thing.
ravirajendran
⋅
Yes the chart is intact there are chances it might touch 6800 in coming days
its a doji candle did not close below it plus dow jones spx are hugely bullish now what say?
sagarkandekar929
⋅
@WILYTRADER2020, frist tell me where doji candle form in dow futures or nifty?. you cannot make decision based on doji or any other candlestick formation, it has to be in combination.have u notice that nifty closed below below important support of 9990-10030 now it is resistance and 10000 which is a psychology level.