NIFTY - THE MARKET TRADING BELOW YEARLY PIVOT LEVEL AND GOING TO BREAK THE TRIANGLE PATTERN IN FIRST HALF OF NEXT WEEK.IT IS BETTER TO WATCH UNTIL THE BREAK OUT.
NIFTY - as discussed reached the down trendline and in 4hr chart a fine Pin Bar is formed which confirms the further up move to around 10920.Market can break sooner in either way ( 99 % Mostly upward ).The upper tgt - 11400 / 11900.In lower side tgt - 10420 / 10010.Be cautious,trade with SL .Further I will update exact entry price in live market.All entry will be...
NIFTY - LIKELY TO REACH DOWN TRIANGLE LINE IN A DAY OR TWO,THEN AGAIN A UP TO AROUND 10900 & DOWN UPTO 10750 THEN A POWERFUL BREAK IN UPSIDE TGT 11400.IT IS NOT NECESSARY TO BREAK AS PER RULE BECAUSE MARKET HAS NO RULES.SO ALWAYS KEEP SL WITH PROPER MONEY MANAGEMENT.GOING FORWARD I WILL UPDATE EXACT ENTRY AND EXIT PRICE.STYLE - SWING TRADING HOLDING 1-7 DAYS /...
BEML - Seems a small correction in downward move upto 830 and again expecting a big UP MOVE upto around 1124. MACD / ICHIMOKU all in good positive values.
Nifty on Descending pattern ,Expecting a down upto around 10650 and a bounce back upto 10850 then again a down around 10750 and a powerful bounce back with the breakout long time TGT 11400 & 11900.
