E-stock-market-pune
Nifty Crash 2020Continue with previous analysis. I was forgot to check the behavior of nifty in longer time frame. Currently nifty having to bounce back possibilities, one is Minor bounce back - it may bounce back from 7900 / 8250 and expected 9500 /9800. Another one is Last leg bounce level is 6900 / 7300
"Last leg level 6900 to 7300"
Recent analysis link:
Pre analysis link:
Disclaimer: Buy Sell is your choice. No Recommendation.
Cheers!
Vikas Gupta
Dow's Worst Loss Since '87 CrashThe Dow plunged to its biggest-one day percentage loss since October 1987 as fears the spread of the novel corona virus will pick up pace and usher in a global recession.
Level has been mentioned.
Recovery duration 18 monts.
Disclaimer: Buy Sell is your choice. No Recommendation.
Cheers!
Vikas Gupta
Nifty :: Is In Bearish Nature?
Lets start with Nifty previous analysis "Index & Stocks :: Tandoori Night With Failed Delivery Attempts"
Being busy, in this platform, I was unable to update recent Nifty and bank Nifty analysis, but you can also get it from Twitter or YouTube channel "E Stock Market".
Click Previous analysis link:
Currently nifty has been broken major trend line and as well following some structural behavior which indicates strong bearish signal, it will possible false breakout which is mentioned on the chart " After recovery, sharp down fall from 11650 to 11950"
Expected bounce back duration 10 to 20 days, then ready for short. If changes in chart behavior...
Disclaimer: Buy Sell is your choice. No Recommendation.
Cheers!
Vikas Gupta