Dear all , you can see Nifty is moving between the Flag. Dont get afraid if it goes till even 10860 to 10900. It will be a excellent shorting oppurtunity. Nifty will have to move downward till 10300 to 10400 by 4th week of this month . What i want to say remain just short on any upside. It will not make a new high this year.Bbelieve me. Any new new viewer...
As i said Nifty 50 is in the making of new flag. And now i can confidently say that yes Flag is going to fly. And you can see its not going above yellow line. You have to believe it. Watch the chart carefully. Forget about all other analysis like 50% retrenchment,candles etc.
Looks like another 300 point is on card. Bank Nifty might touch 26860. It will touch Yellow Line and in RSI green line then after it will reverse back.
If i am not wrong we are in verge of making 3rd flag. See from your eyes . I have putted a lot of hard work for this. If that is so then we are in the downtrend journey this year before starting for new High( I still consider we are still in bull phase with small downtrend). Whole scenario shows that after Mega election this year nifty will start for new...
See the light green line from 2010 and 2009. Everything is between this. Explore the secret of nifty 50 yourself. Love it,Live it, Enjoy it. Who will say this to you all??? Will any. I make it very simple for even person who even know very little can understand.
If Bank Nifty stayed for 15min above 26293 or crosses yesterday high of 26326 then immediately go long for the target of 26400 to 26450. Watch green arrows in chart and in RSI. Probability of reversing from yesterday close or from 26400 to 26450 is quite high. Take your call accordingly. I feel its been forcefully forced upward . Lets see tomorrow.
Short Nifty between 10625 to 10630. Good support and supply zone.
Possibly Last push towards 26300. Will reverse from there. FOLLOW ALL THE LINES FOR RESISTANCE AND SUPPORT ZONE .
Below 67.50 it can slide to 64.50. Currently its out of the channel. For taking long position it should close above 72.50 and should be inside channel. Follow chart for support and resistance. Dont forget to like if my ideas helps u
Watch the chart. if closed below 10420 will be a fall till 10330. Trade as per chart. Big houses are managing the index as per their likes.
History speaks. As it is already below purple line and out of the channel so time for taking action only below 73
follow chart for support and resistance. Follow purple line,
If broke 25693 then it will be fall of 200 points. I will keep it very simple. Just follow the support and resistance line.
It has little support at 183.50 below it can go move to 170. Upper level resistance is at 197. Follow all the purple lines for support and resistance. yellow line has little support which can be broke any time.