jtrocks99

Nifty 15-min analysis

Long
NSE:NIFTY   Nifty 50 Index
NSE:NIFTY forming small wedges and going up properly after that indicates one can expect Nifty to move up on Monday as well. Though technically 12320 is a crutial level of resistance but one can put money till 12280-12300 levels, iff it doesn't enter back into previous wedge area.

Comments

Me too bearish and can come down to 12166
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Technically I agree with this analysis but considering situation in middle east, latest developments and behavior of Asian Markets will decide the direction of Nifty. I am bearish for Monday.
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maharajamssullia mukeshkbhatt
@mukeshkbhatt, exCTLY
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maharajamssullia mukeshkbhatt
IM ALSO
@mukeshkbhatt,
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