sidharthasahoo199522

sidharthasahoo199522

17770 can act as a speed-breaker... Profit booking may come.... We may go long above 17800 for th etarget of 17840.... For me 17750-17800 is the buffer zone... I won't consider any long within this range....But i'll short the index from 17770 with a tiny SL

sidharthasahoo199522

4 types of movement may occure in nifty 50 according to monday market opening 1. very big gap up 2. normal gap up above trend line 3. flat to slightly gap down opening 4. big gap down opening below friday,s low **Note:- in weekly tf bearish engulfing candel formed, so sentiment is bearish. But in shorter tf it may create noise. so choose your segment wisely.

sidharthasahoo199522

In weekly timeframe nifty forms a bearish engulfing candel. Bears are gonna rule for next two or more weeks...

sidharthasahoo199522

Waiting for a daily closing above 1725.... stock got rejected thrice from it... hope this time it will break it

sidharthasahoo199522

Bank nifty is within this bullish chanel. Buy when it is near lower line and sell when it is near upper line... simple...

sidharthasahoo199522

Nifty is running up for last 1 week. Right now I'm not bullish at all. yes I'm bearish from PRZ(17665) with SL of 17820 for a target of twice of my risk** **I'l be bullish after a decent correction.

sidharthasahoo199522

Fresh buying may happen above 17430 for the target of 17500. Fresh selling will happen below 17300. for me 17300 to 17430 will be no trading jone. **Aggressive sellers may go for a "M" pattern at 17420-17430 range at shorter time frame (less than 5 min timeframe), or can sell below 17330.