Gold/Silver vs Nifty analysis. Nifty bottom is done when gold vs Silver ratio peaks at top (Gold value/price is higher than silver value/price), now if you clearly see the gold vs silver ratio curve is going down means silver is getting strong, this indicates the nifty is about to move upside.
Gold has touched the top zone now it will go down to touch the breakout points..dont miss 10/1 rnr trade
Bitcoin did the top now we are headed down to all virgin zones dont miss to ride the drop..
PLs refer to the chart i am trying to decode the futuristic move of BNF.
Thursday jackpot play - I can see a 1/2 hourly bear pattern still valid which will push the price down. So first half will be down and once pattern complete we might get a good move up..
banknifty is forming a bearish pull back down pattern is a strong pattern and probability of repeating is 90%.
As per my earlier post which i predicted to buy from 3500 to 13500 it achieved successfully. Now price is getting rejected at top zone between 13500-13800 now it has a very high probability to reach at 7000/6000 even slightly lower at 5500 than post which it will resume uptrend. will update the further move when price reaches lower zone.
From last 6 week nifty hasn't been able to close above 11950. It had the chance on friday but was beaten down. Now i feel we are heading down till 11450 and on 5th July which is a budget day big money will push the down price till 11250 touch it and spike back up. The probability of this pattern repeating is very high.