REACTING AT THE TARGET LINE AND RED BAR FORMING. LET US SEE IF FURTHER UPSIDE IS THERR
With splendid nda performance target seems to be 12030 today
Likely to fill up the gap that it had left few days back. And it may face resistance above.
Nifty trading range was put forward by me on 05/05/2019. On the day I had predicted huge move by nifty either upward or down ward. At the end of that idea I had expected nifty to come down appreciably and during election result out come days nifty to bounce back. During these days nifty has traveled nicely obeying the trend lines. Indian VIX index is high now a...
let us see if it breaks the trend line
Indigo taking support on the support line. Break of support line will drive to the target line
Today posted in the morning support line.it seems it is holding the support line. However breaking of this line may take nifty to 10982.
Divergence of oscillator and price almost seen. Turn around of SAIL annual result expected. Trade war in international arena is main hindrance Slight cooling there will ignite SAIL price. Some reversal expected next week..
watch how crude proceeding towards median line.
Another break down of nifty will push it to 11270. But trade with strict stop loss as nifty is in over sold condition.