Nifty 50 index opened negative by more than 140 points last day of last week and drifted towards 9951 marks by making its five month low levels. It has been making lower top – lower bottom formation and broken December 2017 low of 10033 and closed below psychological 10000 marks. All the Round in Bearish Rally BEARS ROAR with his style drifting Bulls on the Lower Level that’s the way Bears Fight, Panic and fear for Bulls off the round. It formed a Bearish Bar on the daily scale and a Bearish Belt Hold candle on weekly scale which indicates that bears are holding their tight grip on the market.
Now till it remains below 10100 Level Bear is now in Full Control over Bulls and every move of bulls will be punch back to lower and lower level. Remember the end of FEB-18 the sign of Bears Rally identified and the way BEAR ruled whole month of MARCH is fantastic for Swing Short. Now there is only three session including Expiry of the month of March is remain. And the cycle of Bearish Trend is come near to the target completions (zones??? Will tell you later), weakness could continue on Drastic Full of Action by Both warrior BULLS and BEARS can be Expected and Sudden Rise of BULLS may Appear at the End…so will be in more Volatile session as on Monday, Tuesday and Wednesday 28th march the Expiry day. Nifty 50 Index hurdles are 10038-10092 support are 9925-9878-9837
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Thank you GOD Bless You
Sachin
Now till it remains below 10100 Level Bear is now in Full Control over Bulls and every move of bulls will be punch back to lower and lower level. Remember the end of FEB-18 the sign of Bears Rally identified and the way BEAR ruled whole month of MARCH is fantastic for Swing Short. Now there is only three session including Expiry of the month of March is remain. And the cycle of Bearish Trend is come near to the target completions (zones??? Will tell you later), weakness could continue on Drastic Full of Action by Both warrior BULLS and BEARS can be Expected and Sudden Rise of BULLS may Appear at the End…so will be in more Volatile session as on Monday, Tuesday and Wednesday 28th march the Expiry day. Nifty 50 Index hurdles are 10038-10092 support are 9925-9878-9837
Please Like, Share, Comment your Views
Thank you GOD Bless You
Sachin