Markets have been in a correction mode for 4 consecutive days and the probability of further downside is very high. This is a good strategy to use when the market is trending in either direction.
Use small sizes in volatile markets to avoid losses.
This stock has been consolidating for the past few days and Have given a wonderful breakout with a Big green candle supported with Large volumes on a Daily chart.
Suggestion would be to buy it on a dip somewhere around 211-213. Targets can be set Till 235. There are high chances that the stock might hit the target in a very short time.
If the price can break the line I have shown on the chart, it will touch the upper trend line.
Or the price will directly break the resistance line.
Only if the candle closes above the trend line.
Todays Bank Nifty prediction.
Get your numbers ready and later tell me how you performed.
lower range 20646
upper range 21321
Best Strategy - sell on upper levels , buy on lower levels
The Chart clearly shows the levels.
Make sure you have your home work done before entering the market as its going to be Extremely volatile day.
My numbers are derived out of...
Hi guys, Good day.
Kindly refer to my previous chart that i've given a day before for my nifty levels.Nifty was exactly trending in the same range that has been forecasted yesterday. All the followers explained about their good profits for today.
Always be a responsible trader and please trade with accurate data in hand else we will have a tough time.
I have given the bank nifty today morning before the market opens and I exactly mentioned to sell @ opening of market which exactly went my way .
Now here nifty has a down drift and oozing to sell with tight targets
Will post more updates on tomorrow’s forecast
Upper range 10100
Lower range 9800