11550 17 OCT 2019 CALL WRITERS WERE TRAPPED TODAY
THE UNDER GOING WAVE IS STRONG ONE BOTH FII AND DII PARTICIPATING.
LITTLE HINDRANCE THE CRITICAL ZONE NEED TO CLEARED(SHOWN IN THE CHART)
THEN ALL ROADS WILL BE OPENED UP.
FOLLOW MY CHART TO KNOW ABOUT WHAT IS HAPPENING INSIDE
LIKE MY POST IF IT IS ANY HELP TO YOU.
Nifty did consolidate between Yesterday's (16th Oct.) DOJI low and high levels for some time, only towards afternoon it crossed the top and kept rising till end of the session.
You may see on the above chart, Nifty has made several higher highs and higher lows since Oct. 9. A channel has been mared showing Nifty's lows n highs since Oct. 9.
Beyond technicals,...
Be carefull on tomorrow morning because Breakout will be confirm after second half only so Be carefull and try to buy on deep In Nifty with the stoploss of 11500 closing basis
The given trendline is big hurdle for market
Nifty - 30 Min time frame Analysis
We are on verge of Trend line breakout Let C which side can break - I am expecting Up side Breakout CMP 11471 ( Spot Levels)
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