This is trader Kanishk
Today NIFTY ant the INDIAN ECONOMY
This is a crashing ahead. Watch full analysis and take it seriously please.
This is not the right time to invest.
This is the time for traders
we can earn only by short selling.
After this huge slippage of prices today, the bullish invalidation is at $2874sh level and bullish knock back to the market will be in between the range of
What is expected next is break of bullish invalidation and lower side targets. A probable pull back or retest of bullish knock is possible before a fall again.
BHOOMI predicted this fall way...
09:32 Hrs / 30th Jan 2020
Last Price - 12083
Plan A – Short Term Plan: ------ This Plan is Active
Holding 12070-12080 –Traders can look for 12150-12170 & above 12170 look for 12225 / 12250 + ----- No Buy Trades if goes below 12070
Making of Wedge ( Note - Pattern invalidates if 12025 is breached on downside before pushing...
The Index makes higher highs and the RSI Indicator forms lower highs indicating a bearish/negative divergence. BANK NIFTY EXPECTED TO HAVE SHARP BEARISH MOVE ONCE IT MOVES BELOW 29,550 . The Index expected to fall before the election result!!!!!!!!!!!
1.The MACD indicator in the chart shows us that the MACD line (Blue Line) has crossed the Signal line(Orange line) and moved lower indicating bearish crossover (start of bearish trend) giving us a sell signal.
2.The DMA on the chart are 9, 50DMA both are moving downwards indicating a bearish trend.
3. We can enter short positions in the stock once...