May travel in 3 waves to the upper line stop loss may be below lower line. this will be invalidated if today's low is breached. please see my earlier prediction about ITC.
buy nifty. watch how it is reacting to my levels.
AFTER CLEAR BREAK OUT IT SEEMS BIOCON PROCEEDING TOWARDS THE TREND LINE DRAWN ON MONTHLY CHART. THIS IS FOR INVEST PURPOSE NOT FOR F&O. FOR F&O DO AT YOUR OWN RISK. IN THIS VOLATILE MARKET F&O HAVE SUBSTANTIAL RISK.
target shown in the chart. this is for investment purpose. no f&o please as target price is much more may take time to achieve. follow me to get such ideas. likemy post if it helps you.
with positive bias. go long above 9976 only for the target of uml. trading every day is not a compulsion . wait and watch nifty is likely to give break out with in a day or two.
nifty filled up the gap from below and did n't travel to the median line. when ever median line is not touched there is more possibility of its breaking the uml and travel upward.. on Friday I had observed in case of indices and almost all f&o stocks open=low which implied bullishness and I had updated immediately not to go on short. it seems more upward movement...
nifty just filled up gap 1 and gap 2 on its upward movement and did n't move beyond that it may fill up the gap 3 today. probability of going down to median line is there. but shorting at the gap down is not advocated. please hold yourself try to short at higher level.
let us watch if it holds or not. please see my earlier post. now already 50 pints from nifty like my post if it has helped you. follow me to get such updates
nifty has been range bound for the last few days unlike some days before when it was trending. Now looking for definite direction for its movement. For last few days buying at low and selling at high and reverse have been quite rewarding. I have been mentioned buying zone in the chart , I hope this level will not be violated. Stop loss also mentioned in the chart.
SEEMS ITS BREAK OUT MAY TAKE PLACE. STOCK IDEA PUBLISHED EARLIER. PLEASE SEE
developing bullish bat in nifty. nifty likely to fall to this zone tomorrow. nifty can be bought in this zone buying should be confirmed with development of reversal candles. stop loss should be below X.
if breaks today's low strong support is at 9970 zone. today's open is equal to high indicating selling at higher level. only at the break of today's high I will be bullish for a target of 10470-10540 stochiastic is in over bought condition and clear divergence can bee seen there between price and oscillator. if today's low is broken as per me long positions...
fibonnacci confluence zone acted as support as I had mentioned yesterday and asked to buy at the break of yesterday's high. nifty gaped up and fell, Ultimately rose shrugging off prior two day's mild bearish sentiment. then what should be the target, as per me more than 10500 and logical stop loss just below the low of weekly expiry day(05-05-2020). I have done...
bank nifty spoils the sentiment. today's candle is indecision bar. at this stage I would advocate to wait and see. if only today's low is violated some down side may be possible. if high is taken out one can go long.