We expect a bounce back in the nifty chart in the mid-week of march , the sooner it hits the 11074 support the faster we can expect a bounce back. If coronavirus continues for another a week o two we can expect nifty to break the 11000, barrier and fall to 10850, this create a bearish market which will require a year or two to make recovery woithout government...
Nifty near trendline and 100 days ema support. Look how beautifully nifty respected the 100 Ema in the past. if this trendline and EMA support broken then next stop will be around10600.
FOLLOW TRADE AT YOUR OWN RISK
FOLLOW TRADE AT YOUR OWN RISK I MAY BE WRONG
Hello, My view is bearish in Nifty. It closed below its demand zone @ 11810-11830 but I am expecting one bounce from here. I don't think so it’s easy to get follow-through in a short position. So, I will avoid a short position in Nifty for tomorrow. Also, Index is very choppy so I will trade in Option writing instead of long/short Future. Find the Demand and...
Looks weak for currently- closing basis must be above 370 then only a good option to long other wise , bearish for the short term. support zone , 369-68
FOLLOW TRADE AT YOUR OWN RISK
Levels mentioned in chart. Chart is for educational purpose. PS: Personally holding short position.
FOLLOW NOTE: TRADE AT TOUR OWN RISK I STILL MAY BE WRONG
NSE:NIFTY Nifty has closed around its 200 day moving average its looks like it will probably bounce from here any gap down tomorrow is an opportunity for buy for me. If it breaks 200 dma and sustains bears will be in full control to drive prices lower to 11200. My plan: Buy any gap down or flat opening tomorrow and place stop loss around 70 points as per...
The zones are just too wide, but it cant be helped as they are data based. My short view is not exactly for this particular day, its overall. Most of you know, I practically day trade NIFTYBANK almost everyday (its one of my favs) Now my overall view on Indian market has changed, not because of any specific things about the Budget, but because of the...
Check out the chart for details..