ALL DETAILS IN CHARTS. MARKET LOOKS BEARISH WITH IMMEDIATE TARGETS BELOW 8823.
ALL DETAILS IN CHARTS .THERE IS NO BEARISHNESS IN CHARTS TILL WE ARE ABOVE 8654.
ALL DETAILS IN CHART .THE PATTERN IS BEARISH WITH SUPPORT AROUND THE LOWER BOX
ALL DETAILS IN CHARTS.NIFTY IF BREAKS ABOVE 9130 THEN IT CAN TARGET THE RESISTANCE ZONE FROM WHERE WE CAN HAVE A GOOD .BEST STARTEGY WOULD BE NEUTRAL TO BEARISH.
AS SHOWN IN CHART WE MIGHT HAVE COMPLETED A DOUBLE ZIGZAG AT 7512.ONLY A PATTERN LOOKS COMPLETE HERE.THE CORRECTION MAY OR MAY NOT BE COMPLETE.HOWEVER FOR SHORT TERM WE SHOULD BE BULLISH FOR A PULLBACK.
ALL DETAILS IN CHARTS.NIFTY MAY BE FORMING A CONTRACTING TRIANGLE AS SHOWN IN WAVE B.WE WILL SEE A GOOD PULLBACK IF THIS IS CORRECT.HOWEVER IF THE PATTERN IS NEGATED SUPPORT ZONE IS SHOWN.
DETAILS ARE GIVEN IN THE CHART. CHARTS ARE NOT SUPPORTING SHORT POSITIONS AND THERE IS NO BULLISH PATTERN CONFIRMATION.HOWEVER AS SHOWN THE FALL FROM 8677 MAY BE COMPLETING SOON.REMEMBER WE HAVE A WAVE C TO FOLLOW UPWARDS AFTER COMPLETION OF THIS DOWN MOVE.
FOR VERY SHORT TERM NIFTY IS BEARISH AS SHOWN IN CHART.NIFTY CAN FALL FROM CURRENT LEVELS OR FROM RESISTANCE ZONE .
THE CHARTS ARE NOT SUGGESTING SHORT POSITIONS NOW.THE S/L FOR LONG POSION IS DEEP BELOW 7700 HENCE WE SHOULD BE NEUTRAL TILL WE GET A SHORT SWING TO MINIMIZE STOPLOSS LEVELS.TOMORRROW MORNING HOURS TRADE WOULD PROVIDE THIS.