we may get this pattern, please watch out
should wait till nifty makes 10550, and get confirmed it will not break. i feel more another 3.5% correction
I picked this as it was positive close, but the doji shows the sentiment of both buyers and sellers, sellers donot want it to gobeyond as it is penetrating to resistance zone, tomorrows action will tell will it be able to successfully push into.price acrtion will confirm, keep in radar
you have been exchanged hands to sell
if this holds , nifty may bounce back i the afteroon or otherwise expiry will be very low leading nifty to go to the level of 10600 and 10720first
another two candles are eeded for this push
expect to the target of 1427 to 1465
April 2017. in an year it had appreciated more than 100%. so it is coming back to its real value, i think i will wait to invest
retest to 11104 to 11224. But what will be this move ? possibly for another round of sell?
so now it is to be stay cautious, if 11200 is take out then more correction to be seen
caution, positional buyers need to book profit
has strong resistance at 471, next touch to this level one should book out as hexawaere is in short term trend reversakl and forming bearish flag pattern. next level may bring it to 388