Nifty future
Updated
Giving you all the Chart for the NF, all explained. As today is an EVENT @ FED...... be careful what you do. Better to stay on the side lines .
1. I have a CONTRARY CALL on the FED EVENT. Should the FED increase the rates by 1% and More.... Markets will RAlly. Anything less than 1% a Temporary Blip to the Downside. Markets are concerned about Inflation and its impact on Earnings etc going forward and will welcome a Steep hike is MY TAKE
1. I have a CONTRARY CALL on the FED EVENT. Should the FED increase the rates by 1% and More.... Markets will RAlly. Anything less than 1% a Temporary Blip to the Downside. Markets are concerned about Inflation and its impact on Earnings etc going forward and will welcome a Steep hike is MY TAKE
Note
Yesterday at apprxx 1.20 pm, I did a quick Post CAUTIONING you all against all LONGS. Yesterdays Move basically was a SHORT COVERING. Having taken out the Shorts, Markets are back into BUSINESSS. The TREND Ratios for NF n BNF are extremely Low, signalling that a SHARP SELLOFF will TAKE PLACE VERY VERY SUDDENLY. THIS TO ME WILL MARK THE END OF THE DOWN WAVE. we will then take a Call as to what is about to happen Next. Untill then Take it Easy
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