Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
when nifty cross series of weekly tops or rectangular channel its always shown higher prices in history so stay on buy side since main trend up,nifty will show big advance coming days
LONG BULL RUN STILL CONTINUES OFFERING NICE BUYING OPPORTUNITIES ONLY TO BE TO BE GRABBED BY BRAVE ONES . TWICE OR THRICE WITH NICE DIPS, MARKET REALLY HAD OFFERED BUYING OPPORTUNITIES. IN A WAVY FASHION PRICE CONTINUES TO RISE. LAST FRIDAY IT WAS NR7 DAY FOR NIFTY SOME POSSIBLE FURTHER BREAK OUT EXPECTED HOWEVER IF MARKET CORRECTS IT WILL BE A NICE OPPORTUNITY...
I am looking this has formed an continuation pattern , there is no looking back weather it will correct for a day , all the price movement information so far is Giving one clear message , Expect a fast move form this level and i am looking termination near 13500+,
Like always, copy the levels and trade on 3 mins time frame. If you haven't traded with the Zones yet, What are you waiting for?? Check Historical idea on 3 mins time frame. Dont be a Bull. Dont be a Bear. [bJust be a Hare.
Nifty touched its target near 12290-300, spend the most part of the day consolidating in a narrow 43 points range. Has risen up sharply, a pull back can be expected. Please check the chart for important levels. Option based or hedged strategies are relevant and relatively safer for such times, if you want to know more about how option (calls/Puts) ...
You will need a plan for short selling. Understanding the sellers' and buyer's flow by using volume herein. I am not saying start shorting nifty but, here is clear resistance where profit booking can come. first look past complete search of spot nifty as given below chart....
Resistance(target) is still far away which at 12286 nearby (yesterday's high was 12237) In the short term, wave(direction) seem to be changing for downside move.
Sustaining 12060 - 12080 will make the price to move towards 12120, 12180, 12260, 12320 and 12360. Bearish below 12040 for the targets 12000, 11920, 11860, 11800, 11740 and 11680.
In last update, I have updated everything about nifty which was clear. Actual support also mentioned 11854(made low 11844). Still nothing is much change in this update. Support 11854 is strong and reference of Cycle(ii) 11934-11955 non stop move. Breaking and closing below 11812 previous investor's supoprt will push nifty down but chance is very low till.
The chart speaks for itself. CMP - 12250. Reversal around - 12400/12350. Target - Minimum 1000 points (Not immediately but definitely) Reasons: - Nothing good fundamentally - Global slowdown - Too many overvalued companies This is just my point of view. Please do your own research before initiating any trades.
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Market analysis: Nifty has formed a double top near the 10760 level. So until nifty is below 11960 market will be moving head towards 9400. Let wait and see what the market does in the coming days. Cheers!