It is almost in flip zone. Levels have been clearly called out. A Trend reversal is on the cards.
No Major moves visible till now for the week. May say a liitle more upside . Chances of breaking 10900 look more of a possibility. Not a market to go short in. This is a week to be very cautious. 21st July may prove to be decisive. Please share your thoughts in comment section.
Volatility has given down a litlle after yesterday's Expiry. Nifty's expected range has been plotted between yellow lines. Levels are mentioned on chart.
Dow has been going up basis liquidity brought into the market by Fed. Money which should have been going in HH expenses is flowing into the markets. If this support breaks then next support is close to 1000 points down,
Stock has consolidated for a while. Positive Breakout is seen today with Volume support. one can go Long with Stop Loss
Market has been trading very week. Hardly any Money Flow. From here onwards the upside is very limited and downside is bottom less. Please check
Amararaja Looking bearish. Do you smell an opportunity ?