Nifty will gap down by 80-100 points today
and it will continue to movie down
First support will be around 10900 level
if this breaks next major support is at 10850-10835 level
.
Nifty near the weekly support of 11090 if it closes below this support by this week we still got a weekly support trendline, nifty will look to reverse from these two supports. If it fails to reverse then nifty target will be 9500 & 9000
Nifty as formed bullish bat and bounced exactly
from Prz
but nifty as broken the trendline
Most probably it will go up and retest the trendline if it fails to break it it will again come down and test 11120-11090 level
BOB as formed symmetrical triangle
price is near trendline support go long as soon as price bounces from this support
go short if it breaks the support
Pidilite as formed ascending triangle one can go long after the breakout in upperside
There are 2 ways to go long
1. one can go long immediately after the breakout of 1305 level. Those who go long this way are called aggressive traders. But the risk factor is more by this method.
2. one can go long after Breakout and retest of 1305 level. Those who follow this...
