NIFTY is forming an ascending triangle on hourly charts, also there is an MACD crossover. Every dip is a buying opportunity from here. Closing above 900 will confirm 16000 levels and so on.
nifty down just 26.8points bank nifty just 238.2 points that’s it. It’s not a real fall also. It’s just premium eaten by operators. Tomorrow it will move in right positive direction. Nifty will form new 52 weeks high on closing basis. Long term every one waited for this new high. Tomorrow it will take place no doubt at all. Tomorrow bank nifty will also move up and support nifty to form a new 52 weeks high.
Don’t exaggerate the matter. Real fall means it wants to be more than 1000 points. It’s just small pull back before the big new 52 weeks high formation.
amitavadasgupta97
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@similarRhino62112, if you read closely, I'm going long on NIFTY, saying every fall is a buying opportunity.
Don’t exaggerate the matter. Real fall means it wants to be more than 1000 points. It’s just small pull back before the big new 52 weeks high formation.