InsiderB
Long

Nifty : 50 Lakh Crore, What's Your Share ?!

NSE:NIFTY   Nifty 50 Index
Good Morning, Cutting straight to analysis : The threat of 9360's zone retest is not eliminated though, we have certain reasons to believe that there may be potential double top formation near our recent highs zone above 9500's. So one can look for entry setups both on 1 hr             and below that for trading purpose as per their plan. Depending on what happens around new highs in Nifty             , we may or may not have failed Double Top . If that's failed double top 9700's coming soon... Else ranging for another week within 9200's to 9500's zone but let's watch what happens...

By the way how much you made in these 3 years ? Bcos a recent article states that whooping 50 Lakh Crore growth in stock markets rally, How Good that feels if you made 0.0000001% out of that ?!
Article here : http://economictimes.indiatimes.com/markets/stocks/news/3-years-of-modi-govt-stock-rally-adds-rs-50-lakh-crore-to-investor-wealth-big-corporates-gain-most/articleshow/58774369.cms

Happy Trading Week Guys, Have a Profitable week :)
Hi, Thanks for the chart, If we assume 9350 area as (iii) than does 9275 become (iv) and 9520 as (v) ?
+1 Reply
@nsi, yes it is and the current down move 9400's can be counted as corrective (a)
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