Even the biggest pessimist on Indian economy wouldn't have guessed the severity of today's fall! The signals were better than day before yesterday. Oil price in control, Rupee appreciated, Fed rate cut by 25 bps and still Nifty falls by around 135 points! Let alone recovery, atleast the stop in fall was expected. So tonight also signals are good- Rupee closed at...
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
As PREDICTED in the Price forecast for the Stock in the linked idea, it has reached its support.
As intelligent trader one should wait for the break or bounce of this level.
A Trader is not a Gambler
Please read the info in the linked idea for getting further information
What a way to start the festive season!!
Government just gave the impulsive move which Nifty was waiting for too rip apart the bears.
Buy on the retracement and hold it till Diwali!!
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Hare Krishna !,
Hope you had followed my sell idea on ONGC yesterday and would be in good profit.
for those who did not , no despair..an intraday opportunity may show up in the day.
Even if you use any other method you can make money as the BIAS is sell side and target is 119.
to understand the indea please visit the related ideas link below for details
Please read this post along with that on Nifty to get complete perspective.
Today was one such rare day when all 12 component banks of Banknifty (BNF) ended up in red. Only HDFC bank after final adjustment at the end of market close (and adjusting for 1:2 split) ended up marginally above yesterday's close. Such was the negative breadth in BNF as well.