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My analysis-based prediction for Nifty 50.
Disclaimer: I, Anurag Gupta take no responsibility for you taking a trade based on my posts. The views expressed here are my own, the analysis could be completely wrong and these posts are only for educational purposes. You are solely responsible for anything you do based on my posts.
Here is my analysis of SENSEX , NIFTY and BANKNIFTY. Market are weak and can go downside now.
It's my own analysis it can be True or false. Analyze on your own before taking position.
Comment to tell , ask or to suggest anything.
Thanks.
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Trading Strategy
Scenario 1-
Holding above 920
Part A:
Expect upside push to 980-1000 zone
Part B:
Selling if fails to cross 1000 or crosses 1000 falls immediately then expect 920 / 850 /700
Scenario 2 -
Strictly Holding above 1000 for extreme bullish scenario- Expect 1500 -1600 Target zone. Failing to hold 1000 post crossing above becomes "Part...
Review of last Idea
Plan A – achieved 80-90 points as discussed in the trading strategy of last video idea.
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Power of M can be experienced in various forms. One of such form was visible in current structure in...
Analysis Done on Spot / Cash Data
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Status Update at 09:13 Hrs / 9th April 2019
Last Price@11598
Buy Close to 11550 – 11560 zone ( No Buying below 11550)
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Key /...
First Sell - Later Buy
12:56 Hrs / 31st Jan 2019
Last Price@10749
Do read the update carefully & manage your risk while trading. As trading derivatives is highly risky.
Facing Resistance Above 10750 levels & Suggested in all the status updates that we shall be careful in 10730-10750 zone & holding above 10750 only we will look for 10790-10800 next...
Nifty index, has formed a bearish correction wave after the completion of the impulse wave that started at the end of the 2008 Crisis, pushing equities higher and higher.
NIFTY looks to make lows at 9800 or even drift lower as time passes.
With elections around the corner, it doesn't seem that impossible either.
SO, keep your positions light and breezy in the...
