spotted double top in NIFTY
below 16600 seller may be dominating. Good setup for them with small SL
nifty 16484 is resistance
nifty 16354 is support
If it broke and retest above levels follow that side trend
Just for FUN . Market Participants looking for future.
Target 3400 sl 3132
Having good trendline rejetion
fib level rejection.
Can give down move till next support
Breakout in Bharti airtel. Taking support from 518
Indusindbk is touching big term trendline.
In recent days never gave clossing below 100 dma
If sustain above trendline could touch 1200
jsw steel in downtred .
supply zone becoming weak .last trading session shows positive sediment.
If it breaks support then it can be short opportunity. Also confirm with nifty movement.
ratio of nifty to gold is always sideways. One can make long term investment in gold or stocks based on this ratio.
may see upmove in coming days
strong up move-in days to come
SL at 98 target 109
SBI has started its journey for 300. although it would be late to enter now.
Should make long position after pullback.
wait for pullback in zone then go long