Nifty:- A million $ Question :- where is it heading to?

NSE:NIFTY   Nifty 50 Index
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Well finally am out with my view on the much awaited answer for the question "where will nifty head to?" Honestly; the chart looks pretty confusing for past two weeks. I feel Index is well managed and i see Nifty to be at 9850 by end of this month. Yes you heard it right with minor whipsaws in the offing , i would be a buyer on every dip. Today CMP 9645; next 15/18 days i see Nifty heading higher and making a new 52 Week high. Thats my personal View. No trades suggested here. Just educational purpose.
Comment: Im still of the opinion Nifty will emerge stronger by EOD ..Lets see how far this prediction goes correct.
Comment: nifty playing hide n seek
Comment: yo nifty from days low to days high..
Comment: Only Nifty EOD positive
Comment: Nifty it has become a roller coaster ride trading nifty daily..I guess most participants will agree to my view. Well im still of the view Nifty should hit 9800 First before melting down. 9560 stands as crucial support level also 20DMA. lets see we close below that laxman rekha or not. Brace yourself accordingly for nifty trades.. whipsaws on the way ...Happy trading!!!
Comment: Till now Nifty has maintained its uptrend currently 9670.. In a weeks time or more we should reach 9700+. lets see how things pan out
Comment: Nifty things are so much brighter here
Comment: enroute towards 9700 seems a cake walk now
Comment: 9694 what a move.....slow and steadily it surpassed all the resistance..
Trade closed manually
Comment: Congrats to all who had predicted nifty 10k
Why are you not posting new ideas?
great 1 :)
but any reason? or just a gut feeling?
Rajarshita_RS KumarAbhilash
@KumarAbhilash, well As per ichimoku cloud the extension of it is still green and positive; hence am bullish,Not showing any reversal signs except small whipsaws
KumarAbhilash Rajarshita_RS
@Rajarshita_RS, agreed ..
use measured move form its range brake out , Most probably you will get the projected target , I have projected it will hit the wall on 9745, and lets wait
+1 Reply
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