TOMORROW, THERE IS MORE CHANCES TO OPEN MARKET IN HIGH GAP UP LIKE ABOVE 11651.
IF MARKET OPEN ABOVE 11650, CHECK MARKET TREND AND READY FOR SHORT SELLING AT MUCH HIGHEST POINT LIKE 11680 IN HALF SESSION.
TOMORROW, THERE IS CHANCES MARKET CLOSE IN LITTLE GREEN CANDLE.
1. MARKET CAN STABLE FOR TOMORROW.
2. RANGE 11650-11700 IF OPEN 11580-11600
3.RANGE 11650-11550 ...
T ODAY GREEN CANDLE FORM AFTER PREVIOUS RED CANDLES,
IT SHOWS BULLISH STRENGTH OF THE MARKET.
AT 14-09-2020 PROFIT BOOKING WAS THERE, SO ONLY BUYING WOULD FORM IN THE MARKET.
MARKET SENTIMENT DATA:
Moving Averages - - 100% Strong Buy
Momentum Oscillators - 83% Strong Buy
Trend Oscillators - 67% Buy
Volatility - - 100% Strong Buy
In one hr. Candle create bullish engulfing,
So it will ran upto 11575.
May be close above 11550.
Didn't think about short selling.
But if any news coming from parliament or international sources which is bad, it will fall.
So check news updates.
As per market sentiment, it's chance to bullish side.
MARKET SENTIMENTS CURRENTLY IN FEAR POSITION.
SO, AS PER SENTIMENT STRONG BUYINGS ARE THERE BUT SOME PROFIT BOOKING AND HEALTHY CORRECTIONS ARE FORMED.
TODAYS RED CANDLE ITS NOT AS BEARISH, ITS NOTHING BUT PROFIT BOOKING AND WAY TO GO AND STAY ABOVE 11500 AND 11550.
BUT IF ANY BAD NEWS COMING FROM BORDER OR FROM INTERNATIONAL SOURCES, THEN IT WILL BE FALL DOWN.
Market Prediction of 14 sept. 2020.
This prediction on observations and as per chart pattern.
All the indicators are show strong buying in nifty and also market were fear.
MACD shows 87 percentage buying position.
1. Tommorow market will bearish due to develop trend.
2. But still now it's totally depends on the type of news sentiments.
3. As per trend market will close below 11150 and strong support is 11000 for this week.
4. Today market opening was below previous close point and closed above today's opening.
5. Its a more chance to define fall at tomorrow.
6. Try treding...