NIFTY FUTURES TRGS 18067 & 17880. Bias strongly down .... only some good news will change the view or else down side looks confirmed !
Expecting BN to hit 42180 tdy / trww SL 42420 ( only if hrly candle closes above this level) Price can fall to the next angle ( lower levels expected ) best trade wld be to sell 42300 ce & buy 42900 ce
MKTS looks like some correction is due . BN below 42500 trg 42180 .
BANKNIFTY TRGS BEFORE 30 NOV. Above 41427 TRG 41708 / 42040 /42229 / 42317 SL 41188 on daily closing basis. Book part at every level & trail stop . Updates on @LALITSETH61
NIFTY 1ST TRG 9700 . FALL IS IMMINENT , ONLY SOME GOOD NEWS ON CURE MAY SAVE THE MARKETS ( BUT ONLY FOR A BOUNCE ) BUT FINALLY NIFTY WILL CRACK - SLIDE - BREAK ! WATCH THE FIB LEVELS ! STOP LOSS 10555
AS ANTICIPATED NIFTY FALL HAS PLAYED OUT. ON MONTHLY CHARTS PAST 4 PEAKS WERE FOLLOWED BY 2 MONTHS DECLINE ! ( JUST AN OBSERVATION ) IF THE LOW OF 7500 HOLDS THEN I EXPECT NIFTY WILL RALLY TO 11800/12000 INSIDE 1 YEAR ! DONT EXPECT ONE WAY UPSIDE - MKTS WILL BE VOLATILE ! 9400 1ST TRG IN 2/3 WEEKS .
AS FORECASTED EARLIER NIFTY FALL HAS PLAYED OUT. NOW I ESTIMATE NIFTY WILL HIT 9400 THIS MONTH AND LIKELY TO RALLY TO 12000 INSIDE 1 YEAR ! ( PROJECTION IS BASED ON CERTAIN CALCULATIONS SUBJECT TO THE RESENT LOW IS HELD ) CO-INCIDENTALLY NIFTY FELL 2 MONTHS EVERY TIME ON THE PREVIOUS 3 OCCASIONS - JUST AN OBSERVATION ! CORONO STATS / CURE WILL DECIDE THE...
MKTS HAVE BEGUN THEIR MULTI MONTH DOWN TREND.( CHECK MY EARLIER POSTS )
NIFTY - WHEN TO SELL IN CONTINUATION TO MY PREVIOUS NIFTY SETUP - I HAVE EXPLAINED ON THE CHART WHEN TO LOOK FOR ENTERING A SHORT TRADE. THIS IS ONLY A PROBABILITY - NOT CERTAINTY . FOR THE DEEP PULLBACK TO PLAY OUT - IT WILL NEED A TRIGGER , WHICH I EXPECT WILL COME FROM THE BUDGET NOT BEING UP TO MKT EXPECTATIONS ! IT WLD BE BEST TO BUY PUTS AT THE RELEVANT...
Nifty - Fourth divergence in play ! How will you prepare your Trade ? ( will let you know the entry once confirmed )
SHORT HDFC TRG 2185 SL 2335 CAN FALL TO 2020 ! ( USE PUTS )