This chart illustrates the movement of bank nifty 32350 will be the area of support which will be required to short the market further and this can be easily broken down if the market conditions do not become better. Inflation High Dollar Index Cheaper Rupee / Depreciation in rupee value Increasing crude oil prices Increasing Commodity prices Lower...
After Todays Blood Bath i thought why not publish an idea of who bought index future and who not.
Market has shown its bearish side and it's the time for the bears to take over. Target is 108.00 as per my calculation but you can book partial profits and use trailing Stoploss or trail manually.
Seeing a descending triangle in weekly. If it close below 9192 in weekly then down trend confirm. targets given. Soon we will see a blood bath