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Ahead of budget nifty making very profound Shooting StarShooting star forms in a very trending market with a long wick gives alarming signal. From october FII s pumping money into market and from last 1 month they are buying continuously but from last 3 session they started selling. DIIs selling from october , they are selling from very lower levels when nifty was at 11800 so expecting that DII s will handle bears is something very difficult so now DIIs and FIIs both become bears. On chart shooting star formed with a very long wick upside in the month of january all gains were wiped out in last 3 session ,bears are in a hurry. I think that next support is placed at 14450 which likely to come very fast . After that market should take support at 11000 ,which is the final strong support. Remember we are wrong last time on the correction as you can check in the linked idea where we expected a sharp drag but saw a huge surge. Be ready for market wild movement during budget.
NSE:NIFTYShort
by TRADEWITHFUN247
3
Did you book BUMPER PROFITS 💰 in trades posted by me ? 👇CheckDate Scrip Movement (All Values in %) 6 January Goodluck 17.1% in single day 5 January GAEL 8.2 (still running) 5 January Polycab 14.2 5 January Birla Cable 12 4 January Steel strips 7.2 (still running) 4 January Tata Metaliks 8.15 4 January GSFC 7.9 (still running) 4 January Maithan alloys 6 (still running) 3 January Heidelberg 6 (still running) 2 January India glycol 23% in just 5 sessions (3rd biggest bumper) 1 January Mangalore Chemicals 28% in just 5 sessions (2nd biggest bumper) 1 January BEL 7 (still running) 1 January Tinplate 13.1 (still running) 31 December Grasim 9.24 (still running) 30 December TAKE Solution 11.75 (still running) 30 December RUPA 10.12 29 December Vardhman Acrylics 15 29 December Elecon Eng 32% in 5 sessions (The biggest bumper trade) 29 December Timken 6.2 (still running) 28 December Usha Martin 17.12 28 December Lux Ind movement just started 28 December Sbi life 5.7 (still running) 28 December Cesc Ventures 14.8 28 December Nilkamal Movement not started yet but will 28 December Mahindra lifespace 11 26 December Shalby 18.1 25 December Jubilant LS Just triggered 24 December Sunteck 6.1 (still running) 24 December Symphony 8.24 (still running) 24 December FSL 32 in 2 days 24 December JohnsonCAC 13.3 24 December Whirlpool 11 23 December TATA elxsi 14.1 (still running) 23 December Sonata software 13.8 (still running) 21 December MFSL 7.8 (still running) 20 December Matrimony 21.2 20 December HUDCO just triggered 20 December Ultracemco 8.85 (still running) 19 December SRTransfin 27 (still running) 18 December Avadh Sugar 11.3 18 December kajaria 5 (still running) 18 December HDFC 6.5 Aforementioned are the swing trades that I had been posting. I didn't post the trades of 6th Jan to last trading day as movement is not completed yet. The list doesn't contain few trades which didn't trigger or showed very little movement so far like cipla, zentec, etc but they will surely do. It's just that some stocks are less violent and take their time more! Also some hit SL as it is market but what matters is the accuracy and risk reward ratio which makes us profitable. For analysis of these all below, you can go to my page and check it For future updates on time, like, comment and follow.
BSE:SENSEX
by Maverick_777