Nftyindia
Nifty Analysis ! Nifty Levels ! Nifty Outlook ! Nifty PredictionAfter a long holiday, Back in action :-)
After a big bullish rally, What next ?
Can we go long ? The answer is No.
We have one more Gap down pending 15731.
Conditions:
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Condition 1: If market opens flat in between 15579-15672, Then we have to wait either side breakout & then we take position accordingly.
Condition 2: If we witness Gap-Up opening, Hold for data buildup, Check OI & Volume & then go long with Small Qty.
Condition 3: If by any chance we witness Gap down opening then we can short below 15579.
Nifty Weekly Levels Magic Lines:
All supports are not for buy level. As like all resistance are not for sell levels
After long research and back testing we find which S&R is for sell level & which S&R is buy level.
In that result we give the pure intraday levels in charts.
BLUE LINE ARE BUY LEVELS (Target lines)
ORANGE LINES ARE SELL LEVELS(Target lines)
Additionally we added guiding line for entry and SL
There are 10 different pattern based on market opening for getting entry in market with this line if anyone interested please command below ..