NSE:NIFTY   Nifty 50 Index
203 2 9
nifty             is trading choppy not giving a clear directional trade for some time now
last 3 candles suggests a final push towards 9272
BB for the first time since jan. is getting flat suggest range bound movement for some time to come
might see a squeeze between 9040 to 9272
before any big directional move
if the final push happens we are in for a triple top divergence
as long as nifty             is inside this range better to avoid index and focus on stocks
because sector rotation is taking place in full swing
nifty             is entering into a compression zone
Comment: will nifty push towards higher end of the band???
Comment: will nifty push towards higher end of the band???
Comment:
Comment: interesting times ahead for nifty
Comment: interesting times ahead for nifty
Comment: is it going to be a price or time correction in nifty????
Nice post , lets wait n watch whether triple top happens on not. All the Best :)
Reply
triple top is assumption boss might happen
50/50 boss waiting for further development
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