nalinakshi

nalinakshi

it is bearish candle. you will see gradual retracement to 937 but then you will see sharp sell off

nalinakshi

suppose if it kcrosses this hurdle, it will test 766 . vague head and shoulders pattern is noticed , , i am not expert in the pattern.

nalinakshi

if the momentum builds you will see 488

nalinakshi

you need to wait, trending momentum has to pick up. so now it is sbuy on dips

nalinakshi

try to follow thsi

nalinakshi

go long

nalinakshi Updated 

are you still fearing?

nalinakshi

what do you do?

nalinakshi Updated 

you will see 10137

nalinakshi

should we hold or sell?

nalinakshi

now as nifty is correcting it seems big boy did not want to go up , he was the sellerr at 10085, he want s to see the earnings picture, one should see the market interns with wide open eye, i felt today it is goinng to corrett as all the momentum stocks trending up were all correcting from the start

nalinakshi

may see taking support at 776 now it is s783

nalinakshi Updated 

may take support

nalinakshi Updated 

may see retracing to the level of 687

nalinakshi Updated 

i feel we can see the correction to be over around this price and we may see hero trading positive

nalinakshi Updated 

so be careful going short

nalinakshi

so look outfor going lonng

nalinakshi

why? + DMI is slightly above the negative DMI. Indecisiveness because strong selling took place at the level of 10045. And also here there is resistance,probably DII will put strong muscle power to go past this, slight tug of war will be seen between bears and bulls. so quiet naturally some retracement. i feel this time nifty will surpass the previous...