Looks good to the down side Moving like clockwork Haribol!
A long journey Indian stock market has done. Despite its twist and turns it made the humongous ocean of opportunities for us. I am just happy to be a trader and related to the Indian stock market.
Chart speaks better then any anchor in the world if you start speaking to them a lot with candles & technical Language .
WHAT YOU THINK ABOUT DIVERGENCE ITS AMAZINE
NSE:NIFTY Previous resistance is not support
Personal View Only : Nifty current rally is quite strong with some healthy consolidation possible till 11370/11176. 11100 - 11176 may offer major support. Unless this is broken on closing basis, rally may continue. So 11100 is strict SL level for bulls. Quite a good earning season and any trade deal may bring more momentum to this rally. Around 11750-11800 level...
Donald Trump has said that India is a very high tariff(tax) country. He would like to have a reciprocal tax on India. he said " India is a very high tariff country. They charge us a hundred, so we also want to charge them at list 25%". My viewpoint It's looking like Trump's plan is to target growing economies like China and now India. The market will show a...
NIFTY TAKEN GOOD SUPPORT WE HAVE TWO SUPPORT WE MAY SEE RECOVERY BUT TWO BEAR CANDLES IS BIG HEADACHE FOR NIFTY BULLS Kindly Go through the Chart , If you want to earn Peacefully means Trade Only There is Opportunity ... Kindly Note : Breakout Means That Candle Will Trade Without Touching Given Lines If you want to learn Art of Trading, Contact us STAR OPTION...
Market might be busy creating trap for traders looks like heading towards 10300. Nifty is trading below the first support line and moving towards the next one and if closes below might moves for lower levels around 10300-250 else bounce back from here. This is my personal view, Feel free to share your opinion in the comments section. Stay Alert! Invest Wisely!
A bearish flag formation is seen, will the upcoming elections and budget uncertainity lead to a downside breakout. If it does it will lead to a downfall of around 700 points from the breakout. This can be a good short for risky traders. PS: Constructive criticism and opinions are appreciated. Thank you!
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If Nifty moves above 11100 and holds that level upside may seen around 11270-11300 in 8-10 sessions. Might test 10880-90 again and expecting to get support there, if breaks that Nifty will move around 10600. *Above all assumptions presently Nifty is not following any trends nor resistance or support. Be Cautious while entering into trade!